INDIANAPOLIS | State revenue failed to meet expectations in August for the second month in a row, coming in $27.9 million below the revenue forecast.
INDIANAPOLIS | Indiana fell $5.2 million short of its July revenue target, ending a four-month streak of better than expected tax collections.
INDIANAPOLIS | May tax revenue exceeded the state's reduced expectations, but Indiana likely still will fall short of its annual revenue target when the 2014 budget year ends June 30.
INDIANAPOLIS | The improving Indiana job market isn't showing up in state income tax receipts, which last month came in nearly 15 percent below April 2013, despite a 2.8 percent drop in the state's unemployment rate over the past year.
INDIANAPOLIS | Indiana budget officials have instructed state agencies and departments to trim expenses where possible in the wake of unexpectedly weak tax revenues.
INDIANAPOLIS | Indiana fell short of its monthly revenue target last month, making it the fifth time in the seven full months Republican Mike Pence has been governor that state revenue failed to meet expectations.
INDIANAPOLIS | Republican Gov. Mike Pence regularly touts Indiana as the state that works, but all that work isn't bringing many bucks into the state's coffers.
INDIANAPOLIS | Gov. Mike Pence is separating the directorships of the Office of Management and Budget and the State Budget Agency.
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