General Fund Revenue

An improving economy will mean more tax revenue flowing into Kentucky's General Fund, but budgeting will still be a challenge.

Kentucky Reports Decline In General Fund Revenue

May 10, 2013

FRANKFORT, Ky.-- Kentucky faced huge declines in revenue from key tax sources in April despite a rebounding national economy, the state's top budget official said Friday.

State Budget Director Jane Driskell released a monthly revenue report showing that corporate income tax revenue fell by nearly 90 percent in April compared to April 2012 levels.