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Kentucky revenue rebounds in March, but a surplus is not likely
Reported by: Associated Press
Reported: Thursday, April 10, 2014 2:16 PM EDT
Kentucky's general fund tax revenues increased 2.4 percent in March - enough to ward off a deficit but not enough to promise a surplus.
Driskell said she is confident the state will meet the estimate but said a surplus is becoming less likely.
Road fund revenues increased $22.8 million in March, an increase of 19.9 percent. Road fund collections must increase an additional 2.7 percent over the next three months in order to meet the estimate.