INDIANAPOLIS, IN - Indiana once again surpassed the most recent revenue projections in August.
The Indiana State Budget Agency says General Fund revenues last month totaled more than $1.5 billion, which was 9% higher than the December 2021 forecast and more than 12% higher than the same month last year.
The agency says that is better-than-expected collections from individual income tax, sales tax, and corporate taxes, as well as well as interest and miscellaneous revenues all drove the numbers for August.
Reports indicate that Riverboat wagering tax collections were below projections, but racino wagering collections surpassed the monthly estimate.
At present, General Fund revenues totaled just over $3 billion. The recent figure is roughly $200 million over the December forecast, which is nearly 12% higher than the same period last year.
(03-27-2024) Bronson Applying For Grants For Trail Project
(03-27-2024) CHA Encourages People To Know Their Measles Vaccination Status
(03-27-2024) PHHS Name Smith And Severe As Class Of 2024 Co-Valedictorians
(03-27-2024) A Portion Of Fremont On A Boil Water Advisory
(03-27-2024) Demolition Begins On Historic Auburn Hotel
(03-26-2024) Steuben County RAD Rape Defense Course
(03-26-2024) NE Indiana Unemployment Up From January To February
(03-26-2024) LaGrange County Chamber Hosting Meet The Candidates Forum
(03-26-2024) Quincy Woman Returned To Michigan To Face Charges For Two State Chase
(03-25-2024) LaGrange County Sheriff Corporal Houser Retires After 28 Years
(03-25-2024) CR 200 N Road Closure Beginning April 1
(03-25-2024) Auburn Woman Hits Light Pole Then Flees The Scene
(03-23-2024) Angola Main Street Receives Portion Of $12M T-Mobile Grant
(03-23-2024) Michigan Man Pleads To Kidnapping And Killing Girl
(03-22-2024) MSP Kill Coldwater Man After Alleged Confrontation With AR Style Rifle
(03-22-2024) Poverty Simulation Leads To Survey With Steuben County Community Foundation
(03-21-2024) Charges Filled Against Union City Man For November Shooting
(03-20-2024) Hamilton Teen Killed In Single-Vehicle Accident
(03-20-2024) One Person Seriously Injured In Six Vehicle Crash In Elkhart
(03-20-2024) MSP Investigating Officer Involved Fatal Shooting