MORE KENTUCKY NEWS

Keeneland postpones instant racing plan
House Ethics panel investigating 2 congressmen
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Judge won't step down in double slaying case
Green River Steel property sold for $2.6 million
Inmate who walked away from work release located
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Former Kentucky coach charged with sex abuse
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Kentucky has 237 of the children crossing into US
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Guilty pleas entered in cockfighting operation
Grimes focusing on jobs, pay equity
Rand Paul says death penalty is a state issue
US issues 186 mining citations in June
Kentucky pushing court records online
Pet food plant to open in Kentucky
Family offering reward in deaths of pair
1 killed in eastern Kentucky fatal fire
UAW backs Grimes in Kentucky Senate race
Demolition of Old Ledbetter Bridge underway
3 buildings damaged in Murray fire
Kentucky man pleads not guilty to slaying
Kentucky pushing court records online



Kentucky News
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KENTUCKY REVENUE
Kentucky revenue rebounds in March, but a surplus is not likely

Reported by: Associated Press
Reported: Thursday, April 10, 2014 2:16 PM EDT
FRANKFORT, Ky.


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.

State Budget Director Jane Driskell announced the state collected $753.5 million in March, a $17.7 million increase from last year. State officials predicted Kentucky's revenues would grow 2.1 percent in the 2014 budget year that ends June 30. For that to happen, revenues must grow 3.9 percent in the next three months.

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.










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