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Kentucky General Fund Numbers Up

By Drew Adams

Murray, KY – September was a good month for Kentucky's budget despite gloomy economic indicators nationally. State Budget Director Mary Lassiter says General Fund receipts totaled $840 million in September. That's up 10 percent from the $763 million banked in September 2010. Road Fund revenue was up nearly six percent for the month, totaling $115 million. The rebound came after a sharp decline in state revenues in August. Lassiter said several nearby states also saw revenues rebound in September, including Arkansas, Indiana, North Carolina and West Virginia. She said Kentucky's revenue base seems to be holding up well despite volatility on the national level.