Wednesday, December 21, 2011

Modest State Revenue Growth Predicted

  • {Frankfort, Kentucky}...The Consensus Forecasting Group predicted Wednesday that Kentucky's General Fund revenue will reach slightly more than $9 billion in the current fiscal year, then rise to $9.2 billion and $9.5 billion, respectively, in the next two fiscal years. Governor Steve Beshear says spending pressures and critical needs in priority areas will result in the most difficult budget the commonwealth has faced in some time.