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 | 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.
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.
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.
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.
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.
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.
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 | State revenue rebounded last month following a disappointing February and March that saw Indiana's tax receipts dip below 2012 levels.
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.
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.
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.
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.
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.
INDIANAPOLIS | House Speaker Brian Bosma, R-Indianapolis, is not letting Republican Gov. Mike Pence's expressed disappointment with the House Republican budget go unanswered.
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.
INDIANAPOLIS | Hoosiers hitting the shopping malls last month helped propel Indiana's sales tax revenue to its best year-over-year monthly percentage growth since June.
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