State Revenue Exceeds Estimates

stack-of-cash

State revenue in February surpassed the most recent forecast by nearly $30 million.

The Indiana State Budget Agency says last month’s total of $811.6 million is more than $13 million above the same month in 2017.

The General Fund revenue totals beat projections by 3.8 percent.

The estimates are based on the revenue forecast, which was most recently adjusted in December.

The SBA says sales tax, individual income tax, riverboat wagering and casino wagering collections all exceeded projections.