FRANKFORT, Ky. (AP) - Kentucky Gov. Steve Beshear says state revenue dropped by 4.6 percent in September, signaling that "storm clouds continue to gather over our economy."
Beshear said in a press conference Thursday that he has assembled a team of top government officials to look for ways to protect and expand the state's economy.
Kentucky lawmakers approved a two-year $19 billion state budget earlier this year expecting that state revenue would grow by 2.6 percent over the next two fiscal years. Beshear says his administration also is setting up a Web site to help people with home mortgage information and finding health insurance.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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