Kentucky revenue

Kentucky reports another record surplus. Will it lead to a third income tax cut?

BY: - July 10, 2023

Kentucky brought in a record $15.1 billion in general fund tax revenue during the last fiscal year — the most ever — buoyed by a strong jobs market, increasing salaries and wages and continued industry profits, the state budget director’s office announced Monday. Revenue in fiscal year 2023 exceeded budgeted expectations by about $1.4 billion, […]