tax collections

Sergey Kuzmin, 123RF Stock Photo

A modest growth in Kentucky's April tax collections isn’t likely to stop a predicted $113.2 million dollar shortfall when the budget year ends June 30.

An increase in tax collections in September has provided a needed boost to the Kentucky’s General Fund, which had been struggling with flat revenues in recent months.

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.