Kentucky General Fund http://wkms.org en KY General Fund revenue down 3.5 percent in Dec. http://wkms.org/post/ky-general-fund-revenue-down-35-percent-dec <p>Kentucky officials report a 3.5 percent drop in tax collections for December, but say state revenue is up slightly for the first six months of the fiscal year.&nbsp; State Budget Director Jane Driskell says December’s General Fund revenue totaled almost $913 million, a drop of over $33 million for the same month in 2012.&nbsp; Driskell says 2012 collections included a $25 million windfall due to a taxpayer amnesty.&nbsp;&nbsp; Fri, 10 Jan 2014 22:08:42 +0000 Todd Hatton & The Associated Press 37953 at http://wkms.org KY General Fund revenue down 3.5 percent in Dec. KY General Fund Receipts Rise In September http://wkms.org/post/ky-general-fund-receipts-rise-september <p></p><p>An increase in tax collections in September has provided a needed boost to the Kentucky&rsquo;s General Fund, which had been struggling with flat revenues in recent months.</p><p>State Budget Director Jane Driskell said yesterday that General Fund receipts were up 4% last month compared with a year ago. Revenue topped $920 million, compared with $885 million in September 2012. Fri, 11 Oct 2013 11:33:50 +0000 The Associated Press 35635 at http://wkms.org KY General Fund Receipts Rise In September 2012-13 Ky. Budget Closes with $70.6 Million Surplus http://wkms.org/post/2012-13-ky-budget-closes-706-million-surplus <p></p><p>State Budget Director Jane Driskell announced Friday that Kentucky closed the 2012-2013 fiscal year with a General Fund surplus of $70.6 million.</p><p>Officials attribute the surplus to slowed spending by cash-strapped state agencies, <a href="http://wkms.org/post/general-fund-revenue-3rd-straight-year-ky">as well as a small bump in General Fund revenues</a>. Driskell warns, however, that the fiscal year that just began July 1 extends the budget cuts that were in place last year, and state agencies will continue the challenges of delivering services with fewer dollars and higher costs.</p><p> Fri, 19 Jul 2013 21:06:42 +0000 John Null 33237 at http://wkms.org 2012-13 Ky. Budget Closes with $70.6 Million Surplus General Fund Revenue Up 3rd Straight Year in Ky. http://wkms.org/post/general-fund-revenue-3rd-straight-year-ky <p>Kentucky has ended the third consecutive fiscal year with General Fund revenue growth — continued good news for a state that had seen tax collections plummet during the economic recession.</p><p>Budget Director Jane Driskell said collections were up 2.8 percent to more than $9.3 billion for the 12-month period that ended June 30.</p><p> Wed, 10 Jul 2013 21:50:40 +0000 John Null & The Associated Press 32954 at http://wkms.org General Fund Revenue Up 3rd Straight Year in Ky. Kentucky's General Fund Revenue Increases in May http://wkms.org/post/kentuckys-general-fund-revenue-increases-may <p></p><p>The state's top budget official is reporting an 8.3 percent increase in General Fund revenue in May, largely thanks to improved collections from the sales tax, individual income taxes and property taxes.</p><p>Budget Director Jane Driskell released a monthly revenue report on Monday. The report showed property tax collections increased by 75.2 percent in May. Individual income tax receipts rose by 8.3 percent. And sales tax receipts were up 5.2 percent.</p><p> Mon, 10 Jun 2013 20:27:54 +0000 John Null & The Associated Press 31943 at http://wkms.org Kentucky's General Fund Revenue Increases in May Kentucky on Track to Meeting Revenue Goals http://wkms.org/post/kentucky-track-meeting-revenue-goals <p></p><p>Kentucky's General Fund is on pace to meet its tax revenue goals for this fiscal year despite Kentuckians' cautious spending habits says a state official.</p><p>State Budget Director Jane Driskell says overall tax receipts are 2.6 percent higher than they were this time last year. The uptick is partially attributed to an increase in revenue from corporate and individual income taxes, which jumped 12.7 percent and 5.7 percent respectively. The fiscal year ends June 30. Thu, 11 Apr 2013 13:04:15 +0000 Whitney Jones & The Associated Press 30434 at http://wkms.org Kentucky on Track to Meeting Revenue Goals Tax Amnesty Program Increases General Fund Revenue http://wkms.org/post/tax-amnesty-program-increases-general-fund-revenue <p></p><p>A tax&nbsp;amnesty program is being credited with pushing up General Fund revenue by 3.8 percent in January. State Budget Director Jane Driskell says individual income tax revenue rose by more than 35 percent and corporate income tax receipts rose nearly 83 percent as those who took advantage of the amnesty offer paid up. Tue, 12 Feb 2013 13:44:37 +0000 Whitney Jones & The Associated Press 27949 at http://wkms.org Tax Amnesty Program Increases General Fund Revenue Kentucky Reports Increased Tax Revenue http://wkms.org/post/kentucky-reports-increased-tax-revenue <p>Kentucky’s General Fund receipts increased by more than 5 percent in September, thanks in part to a big increase in corporate income tax revenue. Those receipts increased by more than 26 percent. Lottery and individual income tax receipts also rose by more than 8 percent. State Budget Director Mary Lassiter says those increases helped offset losses in property, cigarette, and coal severance tax revenues. She says the coal revenue fell about 19 percent due to a downturn in the state’s mining industry.</p> Wed, 10 Oct 2012 19:24:06 +0000 The Associated Press 23065 at http://wkms.org Kentucky Reports Increased Tax Revenue Kentucky General Fund Receipts Fall http://wkms.org/post/kentucky-general-fund-receipts-fall <p>Kentucky officials say General Fund receipts fell about $17 million dollars, or 2 and a third percent in May from figures a year ago.&nbsp;</p><p> Tue, 12 Jun 2012 12:43:00 +0000 Associated Press 18323 at http://wkms.org Kentucky General Fund Receipts Fall