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Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details 
  
Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig 
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General Fund and Road Fund Receipts for October 2019 General Fund receipts rose 11.5 percent. Road Fund receipts rose 6.9 percent. By John E. Chilton/Greg Harkenrider Frankfort, KY - State Budget Director John Chilton reported today that October's General Fund receipts rose 11.5 percent, or $94.7 million, over last year's total. Revenues for the month were $920.7 million compared to $826.0 million collected in October 2018. Receipts have increased 3.6 percent for the first four months of the fiscal year, and can decline 0.7 percent over the final eight months of FY20 to achieve the official revenue estimate of $11,462.0 million. Road Fund receipts for October totaled $132.2 million, a 6.9 percent increase from October 2018 levels. Year-to-date Road Fund receipts have grown 2.5 percent. Based on year-to-date collections, Road Fund receipts can fall 6.6 percent and still meet the official FY20 revenue estimate of $1,509.8 million. Chilton noted that the General Fund gains in October were largely concentrated in three areas - sales and gross receipts, individual income taxes and the lottery dividend payment. "Consumption-based tax revenues continue to perform well as nearly all gross receipts and excise accounts were up sharply. The sales and use tax rose by 9.2 percent in October and 8.1 percent thus far in FY20. The sales tax continues to show strength, aided greatly by recent legislation that expanded the base of the sales tax to include additional services as well as extending the imposition of sales tax to an increasing number of online retailers and facilitators. In addition, the individual income tax rose 4.9 percent on the strength of higher withholding collections. The combination of these factors is welcome news coming off the heels of a September decline in General Fund revenues. The Consensus Forecasting Group met in August and October and will convene again in December to deliver official revenue estimates for Fiscal Years 2020, 2021, and 2022. The current official estimate calls for General Fund growth of 0.6 percent for FY20. Their official revenue estimate will provide the base for the new budget for FY 2021 and 2022." Among the major accounts:
Additional information is available here osbd.ky.gov. This story was posted on 2019-11-12 18:29:32
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Cane Valley Baptist Welcomes Pastor Scott Upcoming TC Energy Pipeline Maintenance Friends and Family Day at Glens Fork Church of the Nazarene Letter: Praise for Tommy Bailey photo Traditional Veterans Day breakfast held at Post 6097 Mostly sunny today and cold, high 27F 7-County Area Courts for Tue 12 Nov 2019 Schools closed due to black ice in Adair and Green Wintry conditions possible tonight into Tuesday morning Adair Co Fiscal Court meeting agenda View even more articles in topic News |
 
115 Jamestown St. Columbia, KY. 270-384-2496 
  
   
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