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Home » Consensus Forecasting Group

Consensus Forecasting Group

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Thomas Noland: Several factors beg the question of whether Kentucky’s budget good times can last

June 19, 2023June 18, 20231

In recent years, the Commonwealth of Kentucky coffers have been overflowing with tax revenues. In fiscal year 2021, General Fund…

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Kentucky’s General Fund receipts have risen 17.6 percent for the year; Road Fund increases 2.7 percent

November 11, 2021November 11, 20210

State Budget Director John Hicks on Wednesday reported October’s General Fund receipts rose 10.5 percent, or $99.7 million over last…

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State Budget Director reports General Fund receipts in May down 8.1 percent compared to last year

June 11, 2020June 10, 20200

State Budget Director John Hicks has reported that May’s General Fund receipts fell 8.1 percent compared to May of last…

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Forecasting group predicts $456M budget shortfall for state, due to COVID but also delayed tax filings

May 26, 2020May 26, 20202

By Tom Latek Kentucky Today The Consensus Forecasting Group has painted a bleak outlook for state revenue during the remainder…

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State agencies get 1.3 percent across-the-board spending cuts for rest of fiscal year

December 29, 2017December 29, 20170

By Tom Latek Kentucky Today State Budget Director John Chilton has issued a 1.3 percent across-the-board spending reduction for all…

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