KENTUCKY BUDGET DIRECTOR JOHN HICKS SAYS GENERAL FUND RECEIPTS IN DECEMBER 20-24 INCREASED FOUR-POINT-FIVE PERCENT COMPARED TO
DECEMBER 20-23…. WHILE ROAD FUND RECEIPTS FELL FIVE-POINT-FOUR PERCENT COMPARED TO DECEMBER 20-23…..BUT ARE UP TWO-TENTHS OF A PERCENT
YEAR TO DATE…..
THE OFFICIAL REVENUE FORECAST CALLS FOR NO GENERAL FUND REVENUE GROWTH IN FISCAL YEAR-25….AND BASED ON YEAR-TO-DATE
COLLECTIONS…..REVENUES CAN FALL ONE-POINT-SIX PERCENT OVER THE FINAL SIX MONTHS OF THE FISCAL YEAR AND STILL MEET THE OFFICIAL ESTIMATE……
THE OFFICIAL REVENUE FORECAST FOR ROAD FUND RECEIPTS CALLS FOR A DECLINE OF TWO-POINT-SIX PERCENT FOR THE YEAR….AND GIVEN YEAR-TO-DATE
COLLECTIONS….. ROAD FUND RECEIPTS CAN FALL FIVE-POINT-FOUR PERCENT OVER THE REMAINDER OF THE FISCAL YEAR AND STILL MEET THE OFFICIAL
ESTIMATE…..
