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Indiana revenue collections exceeded the most recent projections last month. The Indiana State Budget Agency said Friday that General Fund revenues in July totaled $1.6 billion, which was $17.8 million higher than the April 2025 forecast, or 1.1%.

Last month’s collections were also $82.2 million higher than the same month in 2024.

The agency noted that higher-than-expected collections from sales tax and interest revenues outweighed lower-than-expected revenues from individual and corporate income ta

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