Budget Cuts Stack Up: Kentucky Faces the Eighth Largest Decrease in Federal Grants Among States
Kentucky will receive $162 million less in federal grant funding in 2013 than it did in 2012, according to a...
Budget & Tax
Kentucky’s 2013 Revenue Growth Lower than Many Other States
While current trends suggest that Kentucky's General Fund revenue may exceed the official forecast for the year ending June 30, the state's revenue growth is less than what other states...
Underfunding Also Led to Shortfall in Local Government Pensions
The pension system for Kentucky local government employees has a shortfall even though local governments have been required to make their annual payments each year. Some are using this fact...
A Tax Shift Is Not Tax Reform
A key question in Frankfort is whether state leaders will enact tax reform between now and the end of the 2014 legislative session. But a challenge is the question posed...
How the Medicaid Expansion Can Save Money in the State Budget
Governor Beshear's announcement that he’ll expand Medicaid in Kentucky included release of a report showing that expansion will result in a net savings of $802 million to the state budget...
Five Big Problems Stand in Way of Adequate State Budget
Cuts now being made to child care that will leave thousands of working parents facing painful choices between jobs and family are only the latest casualty of the legislature’s failure...
A Win-Win for Kentucky’s Budget and Small Businesses
Legislation requiring internet retailers to collect sales taxes owed to states would aid Kentucky’s depleted budget and end the unfair advantage out-of-state sellers have over Main Street Kentucky businesses. The...
Bill to Collect Internet Sales Tax Would Help Kentucky’s Budget and Level Playing Field for Local Businesses
Federal legislation requiring internet retailers to collect sales taxes owed to states would aid Kentucky’s depleted budget and end the unfair advantage out-of-state sellers have over Main Street Kentucky businesses....
Federal Limit on Tax Expenditures Would Generate Needed Revenue and Make Taxes Fairer
President Obama’s proposal to limit tax savings on itemized deductions and exclusions for high-income people would raise more than half a trillion dollars over the next decade while increasing taxes...
Presentation: The Coal Severance Tax in Appalachian Kentucky
Diversifying the economy of Appalachian Kentucky will require financial resources to pay for needed new investments. The coal severance tax is one of the largest pools of economic development resources...