State Revenues Continue to Lag as a Share of the Economy and Recent Tax Changes Will Likely Worsen This Trend
As a share of the economy, Kentucky’s General Fund is worse off now than before the last positive effort to...
Budget & Tax
As Kids Head Back to School, Districts Have Even Fewer Resources Than Previous Years
This year as kids head back to school, Kentucky school districts face challenges due to cuts in state funds, ranging from no funding for textbooks and professional development to cuts...
Year End Revenues Below Original Projections and Concerns Going Forward
Kentucky ended the 2018 fiscal year with $119.1 million more in the General Fund than was predicted by the official revenue estimate. However, that estimate had been revised downward by...
Time for Sensible Approach to Paying Pensions
The long pension saga of the last year gave rise to the largest mobilization of Kentuckians to the Capitol the state has seen in decades. The unpopularity of proposals led...
Billions Set Aside for Retiree Health Contradict Crisis Story
The drumbeat about a "crisis" in Kentucky’s pension systems over the last year included claims the state's retiree health plans are also in trouble. But those systems are far better funded than most...
Supreme Court Ruling on Internet Retailers a Positive Step for Kentucky’s Budget
The U. S. Supreme Court yesterday overruled prior decisions that had unfairly restricted the ability of states to collect sales taxes from online, catalog and other remote retailers. Before the new ruling,...
Kentucky Tax Shift Going Into Effect
Kentucky’s new tax law is now being implemented, with income tax changes already applying to the 2018 tax year and sales tax changes and cigarette tax increases becoming effective on...
Legislators Compromised On Coal Severance — Too Little Too Late?
Legislators Compromised On Coal Severance -- Too Little Too Late? By Jacob Dick
Kentucky Losing Money On the Movies
Kentucky Losing Money On the Movies By Bailey Loosemore
Farm Bill Would Take Food Assistance from Some Older Kentuckians
SNAP works for Kentuckians of all ages, including older people in our communities. For decades, the Supplemental Nutrition Assistance Program (SNAP) has helped Kentuckians over 50 with their grocery bills....