Indiana Code Title 11. Corrections § 11-10-6-7

(1) request the state budget agency to allocate, as needed, funds from the revolving fund for the cost of operating the department's industry programs for offender employment;

(2) keep complete records showing all transactions in such a manner as to be able to prepare at the end of each fiscal year, an operating statement for each industry program operated by the department;  the department shall also prepare an annual consolidated operating statement for all industry programs;  and

(3) prepare, prior to the beginning of each fiscal year, an annual budget of proposed expenditures for industry programs, including expenditures for offender compensation;  this annual budget shall be submitted to the state budget agency for approval, and no expenditure in excess of this approved budget may be made without the approval of the state budget agency.