Evening News and Tribune

Recent Local News

August 7, 2009

Indiana tax collections down $76.5 million

INDIANAPOLIS — There’s more bad news on Indiana’s fiscal front.

Officials announced Thursday that state tax collections in July were down $76.5 million from a revised revenue forecast issued in May. 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 $867 million, 16 percent below revenue for the same month last year. Individual income taxes for the last six months are 20 percent below the same six-month period last year.

State budget officials said sales tax revenue has been consistently declining, which they say is no surprise given tightening consumer credit conditions and a dramatically higher personal savings rate.

Recent Local News
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    March 20, 2010

  • Jeffersonville falls to North Central in Semistate

    March 20, 2010

  • A ‘quilty’ conscience

    Sultans of sewing from around the region were at First Church of God in New Albany on Saturday afternoon in celebration of Quilter’s Day Out, a nationwide celebration of the craft of quilting.

    March 20, 2010

  • Baron Hill to support health care bill

    U.S. Rep. Baron Hill says he will vote in support of a bill overhauling the nation’s health care system. 
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  • Census 2010: Stand up and be counted

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    March 20, 2010

  • Reserve funds gone for Clark County

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    March 19, 2010

  • 3 Parkview employees facing termination

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    March 19, 2010

  • Trying to find e-Harmony

    Sunshine Week is a nationwide initiative by media outlets around the country to open a dialogue about the importance of open government and freedom of information.
    To do its part, The Evening News requested access to e-mails sent by 10 public officials during the month of January. The exercise was less about reading e-mails and more about seeing what would be released.

    March 19, 2010

  • What are the rights to public access in Indiana?

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  • Public access bill again dies

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    March 19, 2010

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