Kentucky Revenues Exceed Estimates By $166 Million

From Stu Johnson, Kentucky Public Radio State officials hope higher than expected tax receipts translate into more jobs across Kentucky. The end of the fiscal year report shows general fund tax receipts came in $6.5-percent higher than anticipated. State Budget Director Mary Lassiter says receipts exceeded estimates by $166 million. She says the numbers signal […]

Kentucky Tax Revenues Continue Slide

State officials say Kentucky’s October’s General Fund receipts dropped four percent from the previous year, raising the likelihood of more budget cuts in the near future. Revenues from corporate and individual income tax collections both fell in October as did receipts from use and sales taxes. There was also a 3.2 percent hike in lottery […]