Gov. Beshear warns of possible state revenue shortfall citing impact of tariff uncertainty, income tax cuts
By Tom Latek Kentucky Today During his weekly press conference on Thursday, Gov. Andy Beshear warned that there could be…
Consensus Forecasting Group
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Thomas Noland: Several factors beg the question of whether Kentucky’s budget good times can last
In recent years, the Commonwealth of Kentucky coffers have been overflowing with tax revenues. In fiscal year 2021, General Fund…
Kentucky’s General Fund receipts have risen 17.6 percent for the year; Road Fund increases 2.7 percent
State Budget Director John Hicks on Wednesday reported October’s General Fund receipts rose 10.5 percent, or $99.7 million over last…
State Budget Director reports General Fund receipts in May down 8.1 percent compared to last year
State Budget Director John Hicks has reported that May’s General Fund receipts fell 8.1 percent compared to May of last…
Forecasting group predicts $456M budget shortfall for state, due to COVID but also delayed tax filings
By Tom Latek Kentucky Today The Consensus Forecasting Group has painted a bleak outlook for state revenue during the remainder…
State agencies get 1.3 percent across-the-board spending cuts for rest of fiscal year
By Tom Latek Kentucky Today State Budget Director John Chilton has issued a 1.3 percent across-the-board spending reduction for all…