General Fund http://wkms.org en 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