FRANKFORT, Ky. — State Budget Director John Hicks reported this week that January’s General Fund receipts totaled $1,358.5 million, a 3.7 percent decrease in collections compared to January 2025 totals. The official revenue forecast calls for General Fund revenues to decline by 1.3 percent in FY26. Based on year-to-date collections, revenues can fall 1.6 percent over the final five months of the fiscal year and meet the estimate.

