The first two months of the fiscal year put the state more than 40 million dollars below expectations. September made it more than twice as bad.
Indiana’s 2018 fiscal year got off to a slow start as all of its tax revenues came in below expectations.
January’s Indiana tax collections dipped just below expected levels for the first time in three months.
Indiana is riding a poor streak heading into the last month of the fiscal year: the state’s tax collections fell short of the mark three months in a row.
The DCS says baby boxes should be removed and on Noon Edition we answer questions about new overtime rules set to go into effect in December.
Indiana brought in about $21 million more than predicted in November, roughly 2 percent above target.
The recent revenue forecast dragging down projections has helped boost the state’s fiscal picture in recent months.
Indiana's tax collections were below projections for the first two months of this fiscal year.
Indiana tax collections are lagging, more than $65 million below projections in the first two months of the fiscal year.