Kentucky faces a very difficult budget situation as lawmakers work to craft a new spending plan for 2018-2020. Nineteen rounds of budget cuts since 2008 have reduced investments in a...
Click to download a PDF of KCEP's initial analysis of the governor's budget proposal. The governor’s proposed budget makes deep cuts to education, eliminates funding for 70 programs and makes cuts...
Click to view this report and its appendix as a PDF. Plenty of attention is paid to how badly funded Kentucky's public pension plans are. Compared to other states, our...
Round after round of damaging budget cuts, a decades-long refusal to clean up tax breaks, and the reality that additional appropriations are needed for pensions, corrections, Medicaid and other crucial...
Click to view as a PDF As a result of decreasing reliance on state funding for education and an increasing reliance on local school district resources, the gap in per-pupil...
To meet our pension obligations and begin reinvesting in a stronger future for the commonwealth, Kentucky needs new revenue. Currently, too many tax breaks drain money that is needed to...
Click to view as PDF. The series of reports from PFM on Kentucky’s pension systems overstate serious challenges with the condition of the state’s plans to justify drastic cuts in benefits....
Click to read the report as a PDF. Click for a one-page summary of the report. Kentucky needs solutions that work to pay down its unfunded pension liabilities. A new...
Click to view as a PDF Tax increment financing (TIF) is a common method for financing economic development that uses increased tax revenues after property is redeveloped to help pay...
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