State tax revenues plunge in May
by Tom Loftus, @TomLoftus_CJ – FRANKFORT, Ky. – Kentucky tax revenues that showed solid growth through the first 10 months of this fiscal year plunged in May, and down with the revenues went hopes of a nice surplus when the year ends June 30. Revenues to Kentucky’s General Fund in May totaled $706 million, down from $763 million in May of 2015, the Office…