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Budget & Tax

Analysis

What’s In the Senate Pension Bill

The Senate’s pension legislation, introduced as SB 1, includes cutting teachers' cost of living adjustments, moving new employees into a less secure...

Jason Bailey | February 21, 2018

Analysis

Switching to 401ks Is a Lose-Lose

It’s a bad idea for Kentucky to shut down its pension plans and move new teachers and public employees into less efficient 401k-type defined contribution (DC) plans. State and local...

Jason Bailey | February 12, 2018

Analysis

Gang Bill Unproven and Costly Approach

House Bill 169 proposes to make charges and related sentences much harsher for some crimes committed by individuals identified as gang members. This is an unproven approach to addressing gang...

Ashley Spalding | February 6, 2018

Analysis

Kentucky Better Budget Builder

Kentucky has what it takes to restore essential investments our commonwealth -- revenue options to address our eroding General Fund as an alternative to more budget cuts. This interactive tool...

Anna Baumann | February 5, 2018

Op-Ed

The Roots of a Terrible Budget

The governor's budget proposes the deepest cuts to K-12 education Kentucky has seen, delivers another hit to services that have been cut repeatedly since 2008 and completely eliminates funding for...

Jason Bailey | February 2, 2018

Analysis

Significant Cuts Proposed for PVA Offices Will Harm Property Tax Revenues Statewide

Kentucky’s Property Valuation Administrators (PVAs) told a House Budget Review Subcommittee yesterday that the governor’s budget contains cuts of 23.5 percent to PVAs that would require layoffs of approximately 40...

Pam Thomas | February 2, 2018

Analysis

Adequate Fund Balances are Crucial for Prudent School District Management and Should Not be Relied Upon to Make Up for State Funding Cuts

One of the ways the governor’s budget expects local school districts to make up for significant cuts he has proposed in state support for education, including transportation and teacher health...

Pam Thomas | January 29, 2018

Report

State Budget Cuts to Education Hurt Kentucky’s Classrooms and Kids

Click to view report as a PDF. Education is crucial to Kentucky’s success. However, as the state legislature has been disinvesting in P-12 education over the past decade, it has...

Ashley Spalding | January 29, 2018

Presentation

Presentation: State Budget Overview

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...

Jason Bailey | January 27, 2018

Analysis

Governor’s Budget Cuts Per-Student SEEK Funding

The Support for Education Excellence in Kentucky (SEEK) formula is the primary source of funding for the state’s local school districts. Despite the perception that SEEK funding is not cut...

Ashley Spalding | January 23, 2018

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Budget & Tax News

1 In New Poll, Kentuckians Say Income Tax Cuts Aren’t Helping

In New Poll, Kentuckians Say Income Tax Cuts Aren't Helping

2 Kentucky Misses Targets for Another Cut to the Income Tax Rate 

3 ‘The Money Is There’: Kentucky Together Coalition Calls on Lawmakers to Pass a Budget that Delivers

4 Coalition: Kentucky Has the Money for a Budget That Delivers

5 What Could Kentucky Do With $1.2 Billion a Year? 

View All Budget & Tax News Items

The Experts

Concerned About Your Property Tax Bill? Blame State Tax Cuts

Jason Bailey

Teachers in a Third of Kentucky School Districts Received No Raise This Year

Ashley Spalding

How Data Centers Could Skirt Local Taxes

Pam Thomas

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