Tuesday, May 11, 2010
KY State Revenues Down
KENTUCKY...
Lingering economic problems forced state government revenues lower in April compared to a year ago. State Budget Director Mary Lassiter announced the April receipts on Monday, saying they had fallen to $782 million, down from $826.7 million in April 2009. Lassiter said state revenues haven't grown in 14 of the past 16 months. But she said an 8.5 percent increase in sales tax receipts in April was an encouraging sign that the state economy is improving.
Lingering economic problems forced state government revenues lower in April compared to a year ago. State Budget Director Mary Lassiter announced the April receipts on Monday, saying they had fallen to $782 million, down from $826.7 million in April 2009. Lassiter said state revenues haven't grown in 14 of the past 16 months. But she said an 8.5 percent increase in sales tax receipts in April was an encouraging sign that the state economy is improving.
# posted by Homer Owens @ 8:28 AM 
