Commonwealth At Risk: A Preview of the 2018-2020 Kentucky State Budget
Round after round of damaging budget cuts, a decades-long refusal to clean up tax breaks, and the reality that additional...
Report
The Funding Gap Between Kentucky’s Poor and Wealthy School Districts Continues to Grow
Click to view as a PDF As a result of decreasing reliance on state funding for education and an increasing reliance on local school district resources, the gap in per-pupil...
Revenue Options to Meet Obligations and Protect Investments
To meet our pension obligations and begin reinvesting in a stronger future for the commonwealth, Kentucky needs new revenue. Currently, too many tax breaks drain money that is needed to...
Pensions Need Responsible Funding Plan, Not Exaggerated Claims
Click to view as PDF. The series of reports from PFM on Kentucky’s pension systems overstate serious challenges with the condition of the state’s plans to justify drastic cuts in benefits....
Switch to 401k-Type Plan for Kentucky Public Employees Will Cause More Harm
Click to read the report as a PDF. Click for a one-page summary of the report. Kentucky needs solutions that work to pay down its unfunded pension liabilities. A new...
Changes to Medicaid Waiver Request Move Further in the Wrong Direction
Click to view as a PDF. Last August, Kentucky applied to modify its Medicaid program through a request to the federal government to waive certain requirements of the law, known...
TIF Creep Means Growing Costs, Less Accountability
Click to view as a PDF Tax increment financing (TIF) is a common method for financing economic development that uses increased tax revenues after property is redeveloped to help pay...
How At-Risk Federal Discretionary Funds Are Important to Kentucky
Click to view as PDF. Similar to President Trump’s initial budget blueprint, or “skinny budget,” his full budget proposal slated for release next week is expected to include cuts to...
What Good Tax Reform Looks Like
Click here to view as a PDF. Though the details remain unknown, Governor Bevin has described the kind of tax reform he’ll introduce in a special session this year as...
The Impact of the 2017 General Assembly on the Kentucky State Budget
Click here to view as PDF. The just concluded 2017 legislative session was not a budget session. However, the General Assembly passed a number of bills that will have an...