A new revenue forecast predicts even stronger tax revenue growth for Indiana over the next two years, but House and Senate fiscal leaders say it will not dramatically alter budget negotiations.
The April revenue forecast unveiled Tuesday shows a $290 million increase from December projections, with the biggest predicted gains coming from individual income taxes. Senate Appropriations Chair Luke Kenley said the new forecast is good news but cautioned against reading too much into it as budget negotiations progress over the next two weeks.