Budget Agreement Affirms Deep Cuts, Higher Pension Contributions
To view this report as a PDF, click here. The budget passed by the General Assembly maintains the governor’s proposed...
State Tax
Senate Budget Maintains Governor’s Deep Budget Cuts, Increases Pension Contributions by Reducing Governor’s Set-Aside Funds
To view in PDF format, click here. The Senate budget maintains the governor’s dramatic proposed cuts of nine percent to postsecondary education, parts of P-12 education and a wide range...
House Budget Uses Set-Aside Money to Reduce Cuts and Fully Fund Teachers’ Pensions
To view this in PDF form, click here. The House budget reduces proposed cuts to education and selected other areas and provides additional money to fully fund the actuarially required...
Revenue Options that Strengthen the Commonwealth
Kentucky has good options to fairly generate new revenue and put an end to year after year of deep cuts to vital public investments, as outlined in a report by the...
Governor Presents Austere Budget that Cuts Public Investments Further and Dedicates More for Pension Liabilities
To view in PDF form, click here. Governor Bevin’s budget proposal includes major cuts to higher education institutions and across other areas of state government where funding has been reduced...
2016 Kentucky Budget Primer
The Budget of the Commonwealth is a financial plan, enacted every two years by Kentucky’s General Assembly, that maps out our state’s investments in education, health, transportation, public safety, human services...
Investing in Kentucky’s Future: A Preview of the 2016-2018 Kentucky State Budget
A comprehensive preview of the upcoming two-year Kentucky state budget confirms both a massive funding gap facing the state for the next two years and a need for reinvestment in...
Reinstating Kentucky’s Tax on Extreme Wealth a Part of Making State Taxes Fair and Adequate
To view this brief in PDF form, click here. Kentucky loses an estimated $25 million a year because state lawmakers haven’t yet taken steps to recoup lost revenue from federal...
Closing Corporate Tax Loopholes to Fund Investments in Kentucky Families
House Bill 374 would close several corporate tax loopholes that allow some profitable corporations to avoid paying their fair share of taxes, and use the resources to fund a tax...
Fact Sheet: The Benefits of a State Earned Income Tax Credit by Legislative District
The federal Earned Income Tax Credit (EITC) has been shown to help working families afford necessities; provide short- and long-term benefits to children; and support local economies. If Kentucky adopted...