From the Indianapolis Business Journal:
"The Indiana Senate's budget leader says a two-month shortfall in state tax revenues won't threaten plans for directing more money toward full-day kindergarten programs and victims of the state fair stage collapse.
But Senate Appropriations Committee Chairman Luke Kenley said Tuesday the revenue shortfall makes him more wary of speeding up a proposed phase-out of the state inheritance tax and issuing automatic taxpayer refunds championed by Gov. Mitch Daniels without having more money in the bank.
Legislative budget leaders are trying to reach agreements before the end of this week, when legislative leaders plan to adjourn the 2012 session.
State tax revenues came in about 4 percent less than expected for January and February, but are still slightly ahead of projections for the total budget year."
http://www.ibj.com/indiana-tax-revenues-concern-senate-budget-leader/PARAMS/article/33078
