Indiana brought in about $71 million more in April tax revenue than forecasts predicted and $81 million more than the same month last year. That means state revenues have jumped more than 2 percent this year.
Individual income tax revenues were up, but corporate income tax collections were down more than 5 percent since April 2012 and were below forecast.
Still, the state is expected to see strong revenues over the next two years. A revised forecast revealed last month predicts Indiana will bring in $290 million more in than previously thought.
That provided legislators with more cushion for tax cuts and additional spending as they put together and passed the state budget.