Greg Harkenrider http://wkyufm.org en Kentucky Budget Experts Predict Meager Income Growth http://wkyufm.org/post/kentucky-budget-experts-predict-meager-income-growth <p>Top state budget staffers are predicting meager revenue growth over the next two years in the General Fund and a slight decline in the Road Fund, largely because of Kentucky's slow rebound from economic recession.<br>&nbsp;&nbsp;&nbsp;<br>Government financial analyst Greg Harkenrider told a group of Kentucky's top economists on Thursday that collections from the individual income tax, the state's top revenue producer, is projected to rise between 1.6 percent and 4 percent in the next two fiscal years. That would help to offset projected declines in the coal severance tax and the cigarette tax.<br>&nbsp;&nbsp;&nbsp;<br>Those latest projections were presented Thursday to economists serving on the Consensus Forecasting Group, a panel charged with predicting long-term state government revenues. Fri, 16 Aug 2013 10:16:59 +0000 Associated Press 35624 at http://wkyufm.org Kentucky Budget Experts Predict Meager Income Growth