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Kentucky Center for Economic Policy

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Analysis

Graphic: New Revenue Wouldn’t Even Cover Basic Costs

Ashley Spalding | August 8, 2013

The graphic below shows that the modest revenue growth recently predicted for the first year of the next budget ($259 million) is not enough to cover even Kentucky’s most basic costs. Among the state’s many needs are: making full payments toward the state pension system, paying for inflation in health care prices, and beginning to restore some of the $1.6 billion in cuts over the last seven years to education, health, human services and other critical areas.

Click here to read more about the revenue forecast.

More On Budget & Tax: Questions Grow About Who Will Pay the Cost for Big Data Centers in Kentucky

 

Revenue-Forecast-Infographic-8_1-735x787

 

 

 

 

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Perspectives

How to Turn the Boomer Retirement Wave Into a Generational Opportunity

There Is a Choice Hidden in the Pages of the Next State Budget

Affordability Is a Crisis for Kentuckians. Here’s What State Leaders Can Do About It.

The Fight in D. C. Is About Making Life, and Health Care, More Affordable 

Make No Mistake, The Big Beautiful Bill Weakens Medicaid

Other Budget & Tax Items

kentucky data centers

Analysis

Questions Grow About Who Will Pay the Cost for Big Data Centers in Kentucky

hidden choice

Analysis

On Session’s Final Day, Lawmakers Pass New Tax Breaks for Already-Subsidized Industries

final budget analysis

Analysis

Budget Agreement Cuts and Freezes Funding for Most Services, Continues to Underfund Medicaid

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