Revenue Forecast

State tax collections fall just below projections

August 13, 2014
Jacob Rund, The Statehouse File
The state brought in a total of $1.04 billion in July general fund revenue, a decrease of 0.5 percent from the December 2013 state revenue forecast.
More

Bitter winter hitting Indiana's revenue stream

February 9, 2014
Associated Press
Nearly every state revenue category failed to hit its January target, including sales taxes and personal income taxes — Indiana's two largest revenue sources.
More

State revamps its revenue forecasting after big miss

January 18, 2014
Kathleen McLaughlin
Growing ranks of dropout workers have nagged the economy throughout its recovery, and now Indiana’s budget forecasters feel they can’t ignore the trend. They recently revised their outlook on state revenue downward, partly because so many Hoosiers stopped looking for jobs.
More

Declining tax collections eat away at state's fiscal footing

December 22, 2013
Associated Press
Indiana's fiscal picture is looking good with about $2 billion in cash reserves and a strong credit rating, but the next few years could leave the state in a fiscal pinch.
More

State tax collections miss budget expectations

October 7, 2013
 The Statehouse File
Tax receipts for the first quarter of the state's fiscal year have missed projections that were used to write the current two-year budget.
More

State collections miss target, but beat 2012 levels

September 8, 2013
Associated Press
The report released by the State Budget Agency said Indiana's general fund revenue fell about 5 percent below the latest target.
More

Pence sees hope for tax cut in better budget forecast

April 16, 2013
Associated Press
Expectations that Indiana will collect $290 million more in taxes have Gov. Mike Pence's team optimistic they can win a $500 million cut in the state's personal income tax this session.
More

Revenue forecast could swing Pence's tax-cut hopes

April 9, 2013
Kathleen McLaughlin
The state revenue forecast due out April 16 will influence the next two-year budget and possibly help Gov. Mike Pence sell lawmakers on his proposed 10-percent income-tax cut. Experts predict the numbers won't be much different from those in the last forecast.
More

Indiana closes year with $2.1B in cash reserves

July 12, 2012
Associated Press
Indiana's state government is sitting on cash reserves of $2.15 billion following a year of continued budget cuts and improved tax collections.
More

Indiana tax collections below target for 2nd month

March 5, 2012
Associated Press
Figures released Monday by the State Budget Agency show tax revenues for February came in less than expected by nearly $29 million, or about 4 percent. That follows a shortfall of about 3.5 percent for January.
More

Indiana budget picture improved modestly in September

October 5, 2011
Associated Press
Indiana's budget picture continued improving last month as the state collected $31 million more in taxes than planned.
More

Indiana tax revenue better than expected for July

August 3, 2011
Associated Press
The new budget year is off to a good start for Indiana's state government with about $23 million more in tax revenue coming in than expected.
More

Analysts: Indiana taking in more money than expected

April 15, 2011
Associated Press
Analysts told the State Budget Committee on Friday they expect the state to take in some $643.7 million more in fiscal 2012 and 2013 than anticipated in the previous revenue forecast.
More

Indiana overpays localities $610M over 3 years

February 25, 2011
Associated Press
State budget officials are seeking to recoup much of nearly $610 million overpaid to local governments in fiscal years 2009, 2010 and 2011 due to income tax revenue estimates thrown off by the lingering recession.
More

Indiana took in more revenue than expected in January

February 2, 2011
Associated Press
So far this fiscal year, collections are ahead of the state's forecast by $78 million, or 1.1 percent.
More

Indiana lawmakers to face more tough budget decisions

January 1, 2011
Associated Press
When lawmakers open their new session Wednesday, they won't have some of the advantages they had during the last budget-writing debate in 2009. This time around, there will be no $1 billion in federal stimulus money to keep the budget afloat.
More

Indiana may cut Medicaid services to check costs

December 15, 2010
Associated Press
The state Medicaid actuary projected Indiana's share of the program's costs will rise by about $1.46 billion this fiscal year, by about $1.84 billion in the 2012 fiscal year and by about $2 billion in the 2013 fiscal year unless some services are cut.
More

Indiana revenue shows slight gains in November

December 2, 2010
Associated Press
Indiana's finances showed signs of life in November as growth in sales and individual income tax collections helped bring in $49 million more than projected in the most recent revenue forecast.
More

Indiana revenue in October down from year ago

November 3, 2010
Associated Press
The state Budget Agency reported Wednesday that Indiana collected $959 million in October. That's $23 million below the most recent forecast and about $81 million less than projected in the budget lawmakers passed in 2009.
More

Report: State must cut spending, hike taxes or both

September 9, 2010
Francesca Jarosz
Dwindling tax revenues will cause a projected $1.3 billion budget gap as the state enters its next budget, according a report released Thursday by the Indiana Fiscal Policy Institute.
More

Indiana's August revenue jumps 8.4 percent from year ago

September 3, 2010
Associated Press
The state Budget Agency reported Friday that Indiana collected $938 million in August. That's $51 million above the most recent forecast, but still $2 million less than projected in the budget lawmakers passed in early 2009.
More

Indiana state revenue falls short of projections again

August 4, 2010
Associated Press
The State Budget Agency reported Wednesday that Indiana collected $917 million in July, $15 million below the most recent revenue projections.
More

State reserves down nearly half despite spending cuts

July 16, 2010
 IBJ Staff and Associated Press
Indiana brought in $957 million less in revenue than it budgeted for fiscal year 2010, forcing it to use almost half its reserves, Indiana State Auditor Tim Berry announced Friday morning.
More

Indiana revenue collections tick up, but miss projections

June 3, 2010
Associated Press
The State Budget Agency said Thursday that collections through 11 months of the current fiscal year stand about $1 billion below the budget passed by the General Assembly in June 2009.
More

Indiana Senate's top Democrat demands budget-cut data

June 1, 2010
Associated Press
Minority Leader Vi Simpson, D-Bloomington, said the Republican governor's budget director told her that a comprehensive list of executive branch budget reductions wasn't available. She said that's unacceptable.
More
Page  1 2 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

  2. Do you need finance to establish your business ? Are you interested in getting a loan at 3% from our private company? If so please Email: suntrust_oil@blumail.org

  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

  4. Good Day, Apply For A Loan I am Mr Fernadez Antonio, a private Loan lender and a cooperate financial for real estate and any kinds of business financing. I also offer Loans to individuals, Firms and cooperate bodies at 3% interest rate We offer any kind of loans. email us via fernadezloaninvest@outlook.com LOAN APPLICATION FORM First name:......................... Middle name:......................... Last name:........................................ Date of birth (yyyy-mm-dd):....................... Gender:........................................... Marital status:................................... Total Amount Needed............................... Loan Duration.................................... Address:.......................................... City:............................................. State/province:................................... Zip/postal code:.................................. Country:.......................................... Phone:............................................ Fax:.............................................. Mobile/cellular:.................................. Monthly Income.................................... Occupation:....................................... Best Regard, Mr Fernadez Antonio.

  5. i will love to share my testimony to you all the people in world i got married to my husband about 2 year ago we start having problems at home like we stop sleeping on the same bed,fighting about little things he always comes home late at night,drinking too much and sleeping with other women out side i have never love any man in my life except him. he is the father of my child and i don't want to loose him because we have worked so hard together to become what we are and have today .few month ago he now decided to live me and the kid,being a single mother can be hard sometimes and so i have nobody to turn to and i was heart broken.i called my mom and explain every thing to her,my mother told me about DR.okoro how he helped her solve the problem between her and my dad i was surprise about it because they have been without each other for three and a half years and it was like a miracle how they came back to each other. i was directed to DR. okoro on his email:okorospell@gmail.com and explain everything to him,so he promise me not to worry that he will cast a spell and make things come back to how we where so much in love again and that it was another female spirit that was controlling my husband he told me that my problem will be solved within two days if i believe i said OK So he cast a spell for me and after two days my love came back asking me to forgive him i Am so happy now. so that why i decided to share my experience with every body that have such problem contact Dr okoro the great spell caster on his email addresses spellcasterforlove@outlook.com

ADVERTISEMENT