Kentucky Governor reports highest growth rate in 31 years.

[kentuck]

https://www.nolangroupmedia.com/beattyville_enterprise/kentucky-just-reported-the-highest-annual-growth-rate-in-31-years/article_4380ccca-03a8-11ed-a1bd-f366fcd247a8.html


Kentucky’s record-breaking economic momentum continues as Gov. Andy Beshear today announced that Kentucky’s fiscal year 2022 General Fund receipts grew at the highest rate in 31 years.

The Office of State Budget Director reported 14.6% growth over last year and noted that General Fund receipts totaled $14.7 billion, exceeding the budgeted estimate by $945.4 million. This is the second-highest revenue surplus ever – surpassed only by last year’s record amount – and the budget surplus is expected to be even higher once the books are closed on spending later this month.

“One of my most important jobs as Governor is to ensure the financial strength and solvency of our great commonwealth – essentially to make sure our financial house is in order,” Gov. Beshear said. “These receipts show that personal income, sales and business income are all going up significantly, and even our road fund is up. My administration has now delivered the highest and second-highest revenue surpluses in the history of Kentucky, thanks to strong fiscal management and a hot, record-breaking economy.”

[elleng]

1. Gov. Andy Beshear seems to be a superstar, AND

and educator for ALL Dems.

[Ohio Joe]

2. K & R

[Hermit-The-Prog]

3. The bloody red state legislature fights Beshear at every turn.

Wish I could be hopeful, but on the national front, Random Piles (aka, Rand Paul) is up for re-election. His opponent is not likely to be acceptable to many in this state:

Charles Booker’s primary win was historic, but he'll face a difficult path to the U.S. Senate

Paul is vying for a third term, and Booker has already made history as the first Black nominee in a federal election in Kentucky. But he’s hoping his candidacy will do more – reversing decades-long political trends in the Bluegrass State, which hasn’t sent a Democrat to the U.S. Senate since Wendell Ford’s last election in 1992.

[Bayard]

4. Gov. Beshear has been great for Kentucky

I just hope the only reason he was elected wasn't because Bevin had to go at any cost.

I get emails from his office every day. They almost always include new companies moving here and the number of people they will be employing, or, existing companies doing expansions.