The monthly revenue report for April 2025 state tax collections is posted online.
News release from the Indiana Governor’s Office:
Monthly Revenue Report – April 2025
Indianapolis, Indiana (May 9, 2025) – The monthly revenue report for April 2025 state tax collections is posted online.
The April 2025 Monthly Revenue Report for state fiscal year 2025 can be found here with commentary here.
Highlights from the commentary (from the report):
- General Fund revenues for April totaled $2,987.1 million, which is $51.1 million (1.7%) below the estimate based on the April 16, 2025 revenue forecast but $273.7 million (10.1%) above revenue in April 2024.
- Sales tax collections totaled $897.8 million for April, which is $2.0 million (0.2%) below the monthly estimate but $22.5 million (2.6%) above revenue in April 2025.
- Individual income tax collections totaled $1,717.2 million for April, which is $45.3 million (2.7%) above the monthly estimate and $246.5 million (16.8%) above revenue in April 2024.
- Corporate tax collections totaled $197.7 million for April, which is $113.4 million (36.5%) below the monthly estimate and $2.9 million (1.4%) below revenue in April 2024.
- Riverboat wagering tax collections totaled $36.5 million for April, which is $1.8 million (4.6%) below the monthly estimate but $0.8 million (2.4%) above revenue in April 2024.
- Racino wagering tax collections totaled $13.6 million for April, which is $0.7 million (5.0%) above the monthly estimate and $0.8 million (6.1%) above revenue in April 2024.
View the State of Indiana Monthly Revenue Report Archive here.
Related Images:
