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Revenue Forecast

State revenue misses target three months in a row

State revenue misses target three months in a row

INDIANAPOLIS | State tax revenue in September failed to meet expectations for the third month in a row, the first time that's happened since Gov. Mike Pence took office in 2013.

October 10, 2014 4:30 pm Related
State revenue short of target again

State revenue short of target again

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.

September 10, 2014 4:21 pm Related
Indiana narrowly misses monthly revenue goal

Indiana narrowly misses monthly revenue goal

INDIANAPOLIS | Indiana fell $5.2 million short of its July revenue target, ending a four-month streak of better than expected tax collections.

August 13, 2014 12:52 pm Related
State likely to fall short of annual revenue target

State likely to fall short of annual revenue target

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.

June 06, 2014 7:15 pm Related
New jobs fail to boost state income tax revenue

New jobs fail to boost state income tax revenue

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.

May 09, 2014 2:36 pm Related
State revenue recovers in March; still behind for year

State revenue recovers in March; still behind for year

INDIANAPOLIS | While March tax collections beat the state's revenue forecast, Indiana likely still will fall short of its annual revenue target when the 2014 budget year ends in June.

April 04, 2014 9:12 pm Related
February state revenue badly misses mark

February state revenue badly misses mark

INDIANAPOLIS | Gov. Mike Pence on Friday blamed brutal winter weather for February's dismal state revenue results, but that didn't placate the Indiana Senate's budget leader who sees repeated monthly revenue shortfalls as a worrying trend.

March 07, 2014 5:30 pm Related
Winter chills state revenue

Winter chills state revenue

INDIANAPOLIS | The effects of Indiana's brutal winter, which repeatedly has trapped Hoosiers at home due to extreme cold or snow and kept them from going to work or shopping, are beginning to show up in the state's revenue results.

February 07, 2014 12:30 pm Related
State revenue tops lowered target

State revenue tops lowered target

INDIANAPOLIS | State revenue rebounded last month, easily surpassing the reduced monthly target that budget officials adopted Dec. 20 after falling short four times since July.

January 08, 2014 2:32 pm Related

Budget officials lower Indiana revenue expectations

INDIANAPOLIS | Indiana remains on track to take in more money than it spends over the next 18 months, even after state budget officials on Friday reduced their 2014-15 revenue expectations by $297.7 million.

December 20, 2013 6:15 pm Related
Indiana remains unable to top last year's revenue

Indiana remains unable to top last year's revenue

INDIANAPOLIS | State revenue was well below expectations through the first third of the budget year, even though Indiana in October exceeded its monthly revenue target for the first time since June.

November 07, 2013 11:20 am Related
Indiana misses monthly revenue goal again

Indiana misses monthly revenue goal again

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.

September 06, 2013 1:25 pm Related

April state revenue tops prior year's total

INDIANAPOLIS | State revenue rebounded last month following a disappointing February and March that saw Indiana's tax receipts dip below 2012 levels.

May 02, 2013 7:00 pm
Pence backing off fight for tax cut

Pence backing off fight for tax cut

INDIANAPOLIS | Gov. Mike Pence received the optimistic state revenue forecast he's been counting on since January to show Indiana can afford his $500 million income tax cut, but instead of celebrating, Pence seemed more interested in compromising.

April 16, 2013 4:30 pm Related

Revenue forecast set to shape budget debate

INDIANAPOLIS | The leader of the Indiana Senate claims to believe education policy debates, and not the budget, will dominate Statehouse discussions over the next two weeks as the 2013 session of the General Assembly races toward adjournment.

April 13, 2013 5:30 pm

Weak March state revenue can't top 2012 levels

INDIANAPOLIS | Indiana's second full month under the administration of Republican Gov. Mike Pence produced the state's worst monthly revenue result in nearly a year.

April 05, 2013 5:30 pm
Pence 'confident' he'll get income tax cut

Pence 'confident' he'll get income tax cut

INDIANAPOLIS | Republican Gov. Mike Pence remains "hopeful" and "confident" state lawmakers will approve his proposed income tax cut, despite blunt hints from Republican legislative leaders that it's not going to happen.

March 17, 2013 12:00 am

Indiana falls short of February revenue goal

INDIANAPOLIS | Indiana remains on track to end its 2013 budget year on June 30 with a surplus, but if February's lackluster state revenue continues into subsequent months it won't be much of one.

March 08, 2013 6:15 pm
Bosma defends dropping Pence tax cut in letter to GOP leaders

Bosma defends dropping Pence tax cut in letter to GOP leaders

INDIANAPOLIS | House Speaker Brian Bosma, R-Indianapolis, is not letting Republican Gov. Mike Pence's expressed disappointment with the House Republican budget go unanswered.

March 05, 2013 6:30 pm Related

$30 billion Ind. budget wins committee approval

INDIANAPOLIS | The House Ways and Means Committee voted 16-7 Tuesday to send a two-year budget plan to the full chamber that increases spending on education and provides new funding for roads, but does not reduce the income tax rate.

February 19, 2013 11:40 am
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