The forecast calls for sales tax revenues to increase by $13.8 million for the current year, or 4.8 percent, then grow 4.1 percent and 4.7 percent the next two years. The forecast also projects gaming revenue will drop below 2003 levels.
Governor Mike Pence says the numbers are encouraging but that his administration will use caution as it finalizes its budget recommendations.
The 2015-2017 Revenue Forecast can be found here: http://in.gov/sba/2648.htm.