Economy
9:25 am
Thu June 14, 2012

Kentucky Gas Tax Set to Rise at Beginning of Next Month

Gas prices are getting ready to go up again in Kentucky. On July 1, the state's gas tax will increase 2.1 cents per gallon. That means motorists will be paying nearly 30 cents in Kentucky taxes for each gallon they purchase. The increase is automatic because the state's tax is tied to the average cost of wholesale gas, which has been rising.

Kentucky Transportation Cabinet spokesman Chuck Wolfe says the increase is expected to generate about $57 million next year for the state road fund.