INDIANAPOLIS | New competition from neighboring states has taken a significant slice of Indiana's gaming revenue, but state taxes on casino wagers and admissions remain an important component of Indiana's overall financial picture -- as they have since 1996.
INDIANAPOLIS | Gov. Mike Pence has directed state agencies and universities to cancel an additional $51.5 million in planned spending after Indiana badly missed its November revenue target.
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 | State revenue edged closer to meeting expectations in September, but for the sixth time in the eight full months Gov. Mike Pence has been in office it failed to hit the target.
INDIANAPOLIS | The ink is barely dry on Indiana's two-year state budget legislation, but the potential for new Illinois casinos is threatening to throw the Hoosier spending and tax cut plan out of balance.
INDIANAPOLIS | State revenue rebounded last month following a disappointing February and March that saw Indiana's tax receipts dip below 2012 levels.
Indiana lawmakers are up to their elbows in surgery on casino taxes. They must remember as they do so that the reason for allowing casinos in Indiana in the first place was to benefit the host communities.
INDIANAPOLIS | Casino tax revenue paid to Northwest Indiana communities would be cut under legislation amended and approved by the Senate Appropriations Committee on Thursday.
INDIANAPOLIS | State Sen. Earline Rogers, D-Gary, is betting she can make Gary economic development legislation more palatable by rolling her proposal for a land-based casino into another gaming measure moving through the Senate.
INDIANAPOLIS | State revenue in November beat expectations for the third straight month, pushing Indiana's surplus to $80 million for the 2013 budget year that began in July.
INDIANAPOLIS | Indiana ended the first quarter of its budget year Sunday with more revenue than expected and is on track for another annual surplus, state budget officials announced Friday.
INDIANAPOLIS | State revenue continued to exceed expectations last month, even after budget officials boosted their revenue projections based on improved economic conditions.
INDIANAPOLIS | State revenue last month once again topped expectations, bringing in $10 million more than predicted by budget forecasters.
INDIANAPOLIS | Total state revenue last month once again beat the state's revenue forecast even as Indiana's gaming tax revenue continued to slump.
INDIANAPOLIS | State revenue for the first quarter of Indiana's budget year exceeded expectations by $67 million, but a top state finance official isn't cheering.
INDIANAPOLIS | February state revenue was up 12.3 percent compared with last February and came in $5 million higher than predicted by the latest state revenue forecast, according to a report released Wednesday by the State Budget Agency.
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