State Revenues Lower than Forecast

Last updated on Tuesday, December 12, 2017

(INDIANAPOLIS) - The state is again not taking in as much money as previously expected.

State revenue in November was $13 million below the most recent forecast.

However, the Indiana State Budget Agency says last month's total of more than $1billion dollars is nearly $17 million above the same month in 2016.

Sales tax and income tax collections along with riverboat wagering and racino wagering were all above estimates in November.

Only the corporate tax collections saw a dip last month, nearly $32 million below estimates.

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