FRANKFORT, Ky. — The Office of State Budget Director reported today that February’s General Fund receipts rose 11.4 percent compared to February of last year. Collections for the month were $1,078.1 million, the largest February receipt total on record. Receipts have now grown 6.4 percent in the first eight months of FY23. Among the major accounts, all had increased over last February except for the individual income tax, which had a small decline due to earlier tax refund processing. Sales tax receipts led the way with the largest increase.
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