Listen to this story
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThis audio file is brought to you by 
0:00
0:00
Loading audio file, please wait.
Indiana tax collections in August fell $12 million below a May forecast, marking more bad news on the state’s financial
front.
State officials announced today that tax collections for July and August, the first two months of the fiscal
year, are $88 million below the May forecast. That forecast already projected that revenues through June 2011 would be about
$1.1 billion less than a forecast issued in April.
Total revenue collections in July were $76 million below target.
Collections in August were $883 million, 6 percent below the same period last year.
Please enable JavaScript to view this content.