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...
Tax and Budget
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...
How Several Bills Passed This Session Changed the State Budget
The 2015 General Assembly reopened the 2014-2016 budget to appropriate new monies for several initiatives. These were largely paid for — and the state’s rainy day fund was boosted by...
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...
General Assembly Passes Budget Containing 14th Round of Cuts Since 2008
The General Assembly has passed an austere budget that includes further cuts, flat-level funding or modest increases to the education, health and safety, human services and other programs that Kentucky...
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...
House Proposes to Maintain Austere Budget, Shift Some Priorities
The House budget for 2013-2014 passed out of committee yesterday largely maintains the Governor’s proposed cuts of up to 8.4 percent to state services while making some shifts in priorities...
New Commitment to Need-Based Financial Aid Critical in Context of Rising Tuition
The cost of public higher education in Kentucky has risen by more than 200 percent in the last 15 years, but the state’s financial aid programs have changed very little...