Politics & Government

State revenue up 7.9 percent in April

FRANKFORT — State General Fund revenue was up 7.9 percent in April compared to the same month last year, an increase of $62.1 million, according to the state budget office.

Total revenue was $844.2 million compared to $782 million for April 2010, putting the state on track to have a $64.6 million surplus at the end of the fiscal year June 30.

State Budget Director Mary Lassiter said any surplus will go toward non-budgeted "necessary government expenses" — such as storm cleanup in Western Kentucky.

But April's receipts, coupled with increased revenue during the last three quarters, show Kentucky's economy appears to be rebounding after nearly three years of declines, Lassiter said.

"We are seeing improvement in the major taxes," she said.

Road Fund receipts also were up in April, by 7.6 percent, compared to the previous year.

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