A nonprofit publication of the Kentucky Center for Public Service Journalism

State Budget Director: October General Fund receipts in Kentucky rise 3.0 percent in past year

State Budget Director John Hicks reported Tuesday that October’s General Fund receipts rose 3.0 percent, or $27.7 million, over last year’s total. Almost half of the increase was due to early payments of tangible property tax. Revenues for the month were $948.4 million compared to $920.7 million collected in October 2020. Receipts have increased 5.1 percent for the first four months of the fiscal...