A nonprofit publication of the Kentucky Center for Public Service Journalism

December General Fund receipts decline 4.1 percent from a year ago; Road Fund receipts up 4.2 percent

The state budget director reported Friday that December’s General Fund receipts totaled $1,084.3 million, a 4.1 percent decline compared to December of last year. Receipts have increased 2.7 percent for the first six months of the fiscal year that ends June 30, 2020. Second quarter collections rose 4.1 percent, which is an improvement over first quarter collections which rose 1.1 percent. The official...

State budget director reports General Fund receipts rose 7.6 percent in November compared to 2018

State Budget Director John Chilton has reported that General Fund receipts rose 7.6 percent in November compared to last year. Total revenues for the month were $1,046.1 million, compared to $972.6 million during November 2018, an increase of $73.5 million. Receipts have now risen 4.4 percent for the first five months of the fiscal year, and can decrease 1.9 percent over the final seven months of FY20...

Chilton reports General Fund receipts rose 7.1 percent in November, with revenues of $972.6 million

State Budget Director John Chilton reported Monday that General Fund receipts rose 7.1 percent in November with revenues of $972.6 million. November’s receipts compare favorably to the $907.8 million collected in November 2017. Through the five months of the fiscal year (FY19), the General Fund has grown 4.8 percent. The official General Fund revenue estimate for FY19 calls for revenue to grow 3.3...