Beshear: Kentucky collected record sales tax revenues

FRANKFORT, Ky. (AP) — Gov. Andy Beshear says Kentucky collected record amounts of sales tax revenues in April. He says it reflects growing consumer spending in another sign of economic recovery from the coronavirus. Beshear says sales tax receipts from April reached $486.5 million. He says it represents an all-time monthly high. The governor pointed to the latest sales tax numbers as another indication that Kentucky’s economy is surging. Earlier this week, a credit rating agency upgraded its assessment of Kentucky’s financial outlook. The state is predicting a massive General Fund surplus when the current fiscal year ends.