The Indiana State Budget Agency reported general fund revenues for April totaled $2,230.4 million, which is 4.3% above state estimates for the month.
The State Budget Agency reported general fund revenues for March totaled $1,161.3 million, which was $29.4 million or 2.6% above the Dec. 16 estimate.
Better than expected collections from sales taxes, income and corporate taxes contributed to Indiana exceeding revenue projections for January.
The state of Indiana brought in more tax revenue in December than it originally projected.
Delayed tax payments have put a dent in state tax revenues.
Delayed income tax payment collections gave the state of Indiana a revenue boost in July.
Social distancing and other measures to limit public interaction during the coronavirus crisis has led to Indiana state tax collections falling short for March, state officials said.
The Indiana State Budget Agency reported year-to-date general fund collections through December totaled $7,792.7 million, which is $25 million or 0.3% above the December 2019 revised revenue forecast.
The Indiana State Budget Agency reported year-to-date tax collections through November totaled $6,261.3 million, which is $246 million or 4.1% above the April 2019 revised revenue forecast and $215 million or 3.6% above collections through the same period in the prior fiscal year.
The state of Indiana is experiencing better than expected revenues from tax collections.