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Kentucky Posts Slight Budget Surplus

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For the second year in a row, the Kentucky state government has a small budget surplus. The fiscal year closed with an extra $83 million in revenue from the general fund and an extra $31 million in the road fund. The surpluses are slight, and their use is limited to two areas. The first priority is emergency expenses, such as storm relief. Whatever remains after that will go into the rainy day fund, which was drained in recession years.

Kenny Colston is the Frankfort Bureau Chief for Kentucky Public Radio (a collaborative effort of public radio stations in Kentucky). Colston has covered Kentucky's Capitol and state government since 2010. He is a Louisville native, and a graduate of the University of Kentucky. When he's not tracking down stories about Kentucky politics, you can often find him watching college sports, particularly football.
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