Rounds of heavy rain will begin to move into the area later tonight, leading to the increased potential for flooding. A Flood Watch is in effect for the entire area from now through Thursday and a Winter Storm Warning goes into effect tomorrow. As we head into Wednesday, temperatures will drop and transition our rain to sleet and eventually to snow. Most of the area could see several inches of snow and sleet before it's all said and done. Keep it locked right here for updates.
FRANKFORT, Ky. (AP) - Kentucky is reporting an increase in income tax revenue in October, another sign of a strengthening economy.
Budget Director Mary Lassiter said General Fund revenue rose by 3.7 percent for the month, largely thanks to growth in individual and corporate income tax receipts.
At the same time, Lassiter voiced concern about lackluster collections from the state sales tax and from the coal severance tax.
Individual income tax collections rose 3.7 percent and property tax collections increased by nearly 90 percent in October.
Sales tax collections fell by 2.5 percent. And coal severance tax revenue fell by more than 41 percent.
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