End of Recovery Act Funds Could Mean Serious Budget Challenge for Kentucky

By Jason Bailey
January 10, 2011

Kentucky’s budget situation would have been much worse without the $3.4 billion in funds provided to the state through the American Recovery and Reinvestment Act. But Recovery Act dollars are coming to an end while state revenues are only beginning to recover, unemployment is expected to remain high for some time, budget balancing acts have passed costs to future years and additional federal help seems increasingly unlikely.

End of Recovery.pdf