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Kentucky collects higher taxes in the month January

FRANKFORT, Ky. — Kentucky reported an increase in its tax collections for January 2021. The State General Fund receipts for last month grew 6.6% over the previous year.

State Budget Director released the new revenue numbers Wednesday. The report shows sales, income, business, and property taxes were all higher to boost total collections.

Combining December receipts with January’s the General Fund has grown 11.5% during the two-month span.