© 2023 Louisville Public Media

Public Files:
89.3 WFPL · 90.5 WUOL-FM · 91.9 WFPK

For assistance accessing our public files, please contact info@lpm.org or call 502-814-6500
89.3 WFPL News | 90.5 WUOL Classical 91.9 WFPK Music | KyCIR Investigations
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations
Stream: News Music Classical

Tax Collections Improve Slightly In Kentucky

There's encouraging economic news coming out of Frankfort, where Kentucky tax collections continue to show positive gains.State tax receipts last month were nearly $750 million, an almost four percent increase over November of last year. In the first five months of the fiscal year, General Fund receipts have risen five percent.Individual income tax receipts were up last month, as were sales and use tax receipts, property tax collections, coal severance tax receipts and lottery collections.Corporate income and cigarette tax collections were off last month. The growth rate needed for the final seven months of Fiscal 2011 is 3.7 percent.Road Fund receipts also rose last month, by almost 22 percent. Year-to-date growth in the Road Fund is almost eight percent.State budget director Mary Lassiter calls the collections “encouraging,” but says the economy remains very volatile.

Can we count on your support?

Louisville Public Media depends on donations from members – readers like you – for the majority of our funding. You can help make the next story possible with a donation of $10 or $20. We'll put your gift to work providing news and music for our diverse community.