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Kentucky officials say the state's General Fund tax receipts increased 3.6% in August compared to a year ago. State Budget Director John Chilton says…
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Kentucky's budget director says a recently approved tax hike will lead to a $50 million shortfall over the next two years.John Chilton wrote in a letter…
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Gov. Matt Bevin has ordered budget cuts of 1.3% this fiscal year to meet a shortfall.The Consensus Forecasting Group earlier this month revised the…
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A panel of economists has revised downward its prediction of how much Kentucky will make in tax revenue by the end of the fiscal year in June. Gov. Matt…
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Kentucky’s state budget director said Gov. Matt Bevin will soon enact mid-year budget cuts to help avoid a projected revenue shortfall at the end of the…
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An independent consulting group says Kentucky lawmakers should take away some cost-of-living raises awarded to state retirees over the past 20 years as…
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Kentucky taxpayers could face a budget shortfall of more than $200 million. State economists issued their first planning estimates for the current fiscal…
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A revenue shortfall during Kentucky’s recently completed fiscal year means the state will have to make more money over the next year in order to meet…
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Moody’s has downgraded Kentucky’s credit rating because of the low funding level of the state’s pension systems and lackluster revenue gleaned from…
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Kentucky's state agencies will cut 1% from their budgets to help avoid a $113 million shortfall.State Budget Director John Chilton ordered the cuts in a…