State Revenue Receipts Improve

Kentucky continues to show positive gains in state revenue receipts. State General Fund receipts in April were up almost eight percent, or $62 million more than April 2010 collections. Receipts have grown 5.6 percent in the current fiscal year, which ends June 30th. A growth rate of 4.5 percent was needed to balance the budget, […]

KY Legislative Leaders To Talk Taxes

From Kentucky Public Radio’s Tony McVeigh Kentucky House and Senate leaders are now signaling it’s likely going to require new revenue sources to balance the state budget this fiscal year. After caucusing for two hours, House Democrats gave their leaders the green light to talk taxes with Senate leaders. All options remain on the table, […]

Arts Groups Watch, Plan for Economic Fallout

Sure, the end-of-the-year holidays have significant meaning for different faiths, but this time is also when arts organizations take stock of their current season…and plan for the next. WFPL’s Elizabeth Kramer reports on how the current economy is factoring into what we might see and hear in the future. Summer’s high fuel costs and the […]

Forecast: Kentucky Revenues Plummeting

From Kentucky Public Radio’s Tony McVeigh More bad economic news out of Frankfort, as a panel of economic experts revises downward, the revenue estimates on which Kentucky’s budget is based. The Consensus Forecasting Group believes the state could be facing a $456 million deficit this fiscal year, which is worse than the $294 million predicted […]