Growth in corporate tax collections - the third largest source of state revenue - is expected to stall in the second year of Indiana's next budget.

Sales and individual income taxes struggled in November. But both revenue streams are still mostly on track for the overall fiscal year.

Indiana tax revenues came in $51 million less in October than the state's budget plan projected.

The state brought in more than $28 million more in corporate income tax last month than predicted.

Total tax revenues collected in August were nearly $31 million less than projected. That leaves Indiana slightly behind its state budget plan early in the new fiscal year.

Only once in the last year have corporate tax collections performed at or above expectations.

Overall, the state's tax collections essentially met the budget plan approved last year, 0.01 percent better than expected.

The state had been on a roll, only once in five months did it bring in fewer tax dollars than its budget planned for.

Total revenues are about $26 million less than planned through 10 months of the current cycle.

Indiana tax collections surpassed expectations in February, but with a third of the fiscal year remaining total tax revenues remain about $20 million behind the state's budget plan.