Kentucky’s economic woes continue. The current state budget deficit could be larger than anticipated and there may be even more red ink ahead. Kentucky Public Radio’s Tony McVeigh assesses the state’s grim financial picture.
From Kentucky Public Radio’s Tony McVeigh If, as many financial experts believe, a national economic recovery is getting underway, it apparently hasn’t reached Kentucky. Revenue collections in the commonwealth continue to spiral downward. Total state revenue collections for September were off almost 10%, falling from $804 million last September to $725 million this year. Tax […]