Revenue growth for Kentucky general fund - WDRB 41 Louisville News

Revenue growth for Kentucky general fund

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LOUISVILLE, KY. (WDRB) -- It's good news for Kentucky -- for the third consecutive fiscal year, the General Fund has seen revenue growth.

The budget director said collections were up 2.8 percent to well over $9.3 billion for the 12 month period that ended June 30th.  Collections ended up being some $40 million more than expected.

Individual income tax collections were the largest source of General Fund revenue, exceeding $3.7 billion.

That was followed by sales tax receipts that topped $3 billion.

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