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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: Does the Racing Industry Get a “Sweetheart Deal” on Taxes? This Republican Thinks So.

 

Revenue-Forecast-Infographic-8_1-735x787

 

 

 

 

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Perspectives

Kentucky Must Remove the Roadblocks to Unemployment Insurance — Our Most Important Economic Stabilizer

Many Kentuckians Face Hunger and Hardship This Thanksgiving. They Need Relief.

Kentucky Lives and Livelihoods Are on the Line with Supreme Court Challenge to ACA

Letter to Governor Beshear: Priorities for Use of Remaining Coronavirus Relief Fund Monies

Congress Can’t Go Home Without Passing a Strong Aid Package

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Analysis

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Analysis

Any Action on Proliferating Slot Machines Must Raise Artificially Low Tax Rate

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Analysis

Defeating the Pandemic and Building a Robust Recovery: A Preview of the Budget of the Commonwealth

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