Politics & Government

August 11, 2014

Kentucky starts fiscal year with 2.2 percent growth in General Fund revenue

Kentucky started its fiscal year with a 2.2 percent increase in General Fund revenue in July, state budget director Jane Driskell reported Monday. The General Fund, which pays for most state programs, collected $705.9 million in July. Driskell said the General Fund's growth is "a positive sign, especially since our two largest taxes — individual income and sales tax — grew at robust levels of 5.9 percent and 7.6 percent, respectively."

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