Kentucky lawmakers will begin assembling what Speaker Greg Stumbo recently called a “destructive” two-year state budget when it reconvenes in January. Current projections suggest the weakest revenue growth since the recovery began due to a still-sluggish economy and an inadequate and outdated tax system. At the same time, there’s need to roll back painful budget cuts, make fiscally responsible payments to pension and other debts, and invest in education, health and other areas that would move Kentucky forward.
This presentation is an overview of the context lawmakers face when they begin crafting a new budget come January. To inquire about budget presentations with your organization, contact KCEP.