Indiana Revenues Enjoy Uptick So Far in 2013

Indiana budget officials reported that general fund revenues increased 4% through October from the start of fiscal 2013, nearly double the most recent forecast.

Total general fund revenues are $75 million ahead of forecast for the first four months of the year, budget officials said in their monthly revenue report.

Sales tax revenues are up 2.9% over the same period last year. Individual income tax collections are down for the month of October compared to October, 2011 but 6.7% ahead of the same four-month period last year, officials said.

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