jane driskell http://wkms.org en Kentucky Budget Facing $3.6 Billion Spending Gap http://wkms.org/post/kentucky-budget-facing-36-billion-spending-gap <p>As lawmakers kick off the inaugural day of the 2014 General Assembly, the scope of the state's dire budgetary situation is coming into focus: Legislators will have to find a way to come up with $3.6 billion to fully fund budget requests from state agencies. Tue, 07 Jan 2014 21:34:07 +0000 Jonathan Meador 37865 at http://wkms.org Kentucky Budget Facing $3.6 Billion Spending Gap 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 Reports Decline in General Fund Revenue http://wkms.org/post/kentucky-reports-decline-general-fund-revenue <p></p><p>Kentucky has huge declines in revenue from key tax sources despite a rebounding national economy. State Budget Director Jane Driskell released a monthly revenue report for April today showing corporate income tax revenue is down by nearly 90 percent.</p><p>Property tax collections fell 53.5 percent for the month. Cigarette tax revenue is down 22.2 percent. And collections from the all-important sales tax were off 7.3 percent. The two bright spots in the monthly report are a 5.5 percent increase in income tax revenue and an 18.6 percent rise in coal severance tax collections. Fri, 10 May 2013 19:33:41 +0000 Whitney Jones & The Associated Press 31609 at http://wkms.org Kentucky Reports Decline in General Fund Revenue 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 Beshear Names New State Budget Director http://wkms.org/post/beshear-names-new-state-budget-director <p></p><p>Come January, a new woman will be in charge of the Kentucky budget for the Governor’s Office. Since 2007, Mary Lassiter has been Governor Steve Beshear’s budget director. And in 2009, she took a promotion as Secretary of the Cabinet as well, serving both roles. But Beshear has now hired Jane Driskell, a longtime budget director for state and local government, as his new state budget director. Mon, 19 Nov 2012 17:54:44 +0000 Kenny Colston (KPR) 24682 at http://wkms.org Beshear Names New State Budget Director