Getting Real About Base Funding for K-12 Schools
Ever since the new state budget passed last spring, we’ve heard claims that Kentucky’s legislature funded K-12 education at “historic...
Budget & Tax
New Tax Break Would Subsidize Private Schools at the Expense of Kentucky Public Schools
In the first day back for the 2019 Kentucky General Assembly after a break, members filed House and Senate bills creating a private school tax credit program in Kentucky. At...
Legislature Considering New Tax Subsidy for Private Schools Despite Backdrop of Public School Cuts
House Bill 205 proposes an expensive new tax break for private schools even though the current budget makes yet another round of cuts to K-12 public schools. The proposed subsidy will take...
Past Underfunding of Pensions Hurts in Multiple Ways
The conversation in the Public Pension Working Group has returned to debates about what caused Kentucky's plans to be poorly funded. Some are relying on analyses from groups like PFM...
Yes to More Sunlight on Lobbying, No to Private School Tax Credits
Yes to More Sunlight on Lobbying, No to Private School Tax Credits By the Editorial Board
Impending Loss of Federal Toll Credits Makes Kentucky’s Transportation Funding Hole Even Deeper
Over the past few years, there has been much discussion about the need for additional resources to support Kentucky’s crumbling transportation infrastructure. The funding hole that currently exists becomes even...
State Should Move Forward With Recommendations to Shed Light on Tax Expenditures
Kentucky loses more than $13 billion every year through tax expenditures – tax breaks, exemptions and exclusions that leave us with less money for investments in schools, infrastructure and other...
Pension Bills Cut Benefits, Will Have Minimal Impact on System Health
The two pension bills introduced last night in the hastily-called special session (House Bill 1 and House Bill 2) include many of the benefit cuts that target future and current...
Reenacting Pension Bill Would Cause More Harm
The Kentucky Supreme Court threw out the 2018 pension bill on procedural grounds today, ruling that it violated the constitutional requirement that a bill receive three readings on three different...
Repealing Combined Reporting in Kentucky Would Re-Open a Major Tax Loophole for Big Corporations
Since the end of the 2018 legislative session, there has been an ongoing effort by large, multistate corporations to repeal “combined reporting” – one of the few components of House...