Indiana tax collections came in a little below what the state projected last month, the third time this fiscal year that's happened. But, the state heads into the final quarter of the fiscal year on track overall.
The state brought in about $15 million less in taxes in March than anticipated, just one and a half percent off projections. That's in large part because of individual income taxes; Indiana collected about $47 million less than predicted, 14 percent off the mark.
Through nine months of the fiscal year, total revenue collected is about $36 million more than expected, putting the state essentially on target for its projections.
That's despite the fact that sales and corporate tax collections are both below where the state wanted them to be.