Indiana Collects $159 Million More In April Than Anticipated

Indiana revenue collection was 25 percent more than it was the same month a year

Indiana Statehouse

Photo: netmonkey (Flickr)

Governor Daniels says the increase is in part to more government efficiency.

Indiana collected $159 million  more in revenue in April than expected, but Governor Mitch Daniels says the increase is not as dramatic as it looks.

Total revenue collections last month represent an increase of more than 25 percent versus the same month a year ago. Governor Mitch Daniels says a major reason for that dramatic increase is greater efficiency within the Department of Revenue.

The department processed significantly more tax returns last month than it ever had before, which led in part to the higher-than-expected revenue.  Daniels says, as a result, May’s figures might be a little lower than forecast.  Still, he says he is pleased.

“Every indication we have is that, factoring for that timing issue, revenue remains at least at and probably a little ahead of the forecast,” he says. “Meanwhile, spending is considerably below budgeted levels.”

Daniels says the state is on course for a healthy surplus at the end of the fiscal year in June, which could trigger a taxpayer refund as high as $60 or $70 per person.

Brandon Smith, IPBS

Brandon Smith, IPBS has previously worked as a reporter and anchor for KBIA Radio in Columbia, MO, and at WSPY Radio in Plano, IL as a show host, reporter, producer and anchor. Brandon graduated from the University of Missouri-Columbia with a Bachelor of Journalism in 2010, with minors in political science and history. He was born and raised in Chicago.

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