ACCORDING TO STATE BUDGET DIRECTOR JOHN HICKS…..KENTUCKY’S GENERAL FUND RECEIPTS ROSE FIVE-POINT-ONE PERCENT IN NOVEMBER….. COMPARED TO
LAST YEAR…..WHILE THE ROAD FUND SAW A DECLINE…..HOWEVER…..FIVE MONTHS INTO THE FISCAL EYAR…..BOTH FUNDS REMAIN ABOVE THE PREVIOUS YEAR’S
TOTAL…….
TOTAL GENERAL FUND RECEIPTS HAVE NOW RISEN ONE-PERCENT FOR THE FISCAL YEAR…..AND CAN FALL SIX-TENTHS OF A PERCENT OVER THE FINAL SEVEN
MONTHS OF THE FISCAL YEAR AND STILL MEET THE OFFICIAL ESTIMATE……
MEANWHILE……ROAD FUND RECEIPTS FELL THREE-POINT FOUR PERCENT IN NOVEMBER COMPARED TO LAST YEAR…..BUT BASED ON COLLECTIONS THROUGH
THE FIRST FIVE MONTHS…..ROAD FUND RECEIPTS CAN DECLINE FIVE-POINT-FOUR PERCENT OVER THE BALANCE OF THE FISCAL YEAR AND MEET THE OFFICIAL
ESTIMATE…..
