Better-than-expected sales tax collections contributed to higher-than-estimated revenues for the state of Indiana.
State general fund revenues for May beat projections by 13.7%
Better than expected collections from individual income and corporate taxes are credited for boosting state revenues in May.
Indiana state revenues for April come in ahead of projections
The State Budget Agency reported general fund revenues for April totaled $3.3 billion.
State tax collections in March ahead of projections
Better than expected collections from sales, corporate and gaming taxes translated to strong revenue performance for the state in March.
Indiana February revenue up 11% when compared to same month last year
Better than expected collections from individual income and corporate taxes were among the reasons for Indiana’s strong revenue performance in February.
Indiana’s November revenues come in 6.2% higher than spring projections
The Indiana State Budget Agency reported November general fund revenues were 6.2% above April 15 estimates.
Indiana tax collections for March ahead of projections
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.
Indiana reports better than expected January tax collections
Better than expected collections from sales taxes, income and corporate taxes contributed to Indiana exceeding revenue projections for January.
Delayed income tax payments give state revenue boost
Deferred income tax payments from April and June gave the state’s general revenue fund a boost.
Indiana gets boost from delayed income tax collections but overall revenue still down
Delayed income tax payment collections gave the state of Indiana a revenue boost in July.