Budget

123RF STOCK PHOTO

The Illinois Senate has approved small pieces of the far-reaching budget compromise plan it's debated for six weeks.

Dr. Bob Davies, Murray State University

Classes are underway in the Spring Semester at Murray State University. On Sounds Good, Matt Markgraf speaks with President Bob Davies about enrollment and budget planning for the next academic year, what MSU is watching in the legislature, the role of arts education in a STEM+H-focused academic environment, building and maintenance projects and the CPE work group on tuition rate guidance and more.

Negotiators in the House and Senate have reached a deal on a bill to fund the government through Dec. 9.

Republicans and Democrats have been arguing for weeks to find a way forward before the Sept. 30 deadline in order to avoid a government shutdown.

Last week, negotiations in the Senate appeared to be at a standstill, with Democrats in both chambers insisting that the most recent Republican offer was not enough.

Aleksey Butov, 123rf Stock Photo

Illinois lawmakers were moved to compromise on a stopgap budget after a year-and-a-half stalemate by a powerful force: a high-stakes November election and a voting public one legislator described as near "revolt."

"Money" by Tax Credits, Flickr Commons, (CC BY 2.0)

Illinois Treasurer Mike Frerichs says the state loses $2.6 million a month in investment income because of the ongoing state budget impasse.  

Matt Markgraf, WKMS

Questions both 'practical' and 'philosophical' began Murray State's Quarterly Board of Regents meeting today, along with a tone of cautious optimism. In passing the budget for the 2016-17 fiscal year, university officials report being in a generally good financial position in terms of preparation for and managing state funding cuts. 

Wikimedia Commons, Public Domain

Kentucky House and Senate conferees are beginning to work toward reaching agreement on a 21 billion dollar budget. In addition to decisions about funding for education, social services, and corrections, budget language will also be discussed.  

Kentucky Senate, courtesy Commonwealth of Kentucky

First it was Kentucky Gov. Matt Bevin, then it was the House, and now it’s the Senate’s turn to weigh in on how to spend the state’s money over the next two years.  

Senate President Robert Stivers says he wants his chamber to vote on a budget Tuesday or Wednesday. 

LRC Public Information

Kentucky House Republicans unveiled their budget proposal Tuesday. The house GOP strategy seeks to modify Governor Bevin’s suggested two-year spending plan. 

Fredddie, Wikimedia Commons, Public Domain

Despite Governor Matt Bevin’s plans for wide ranging cuts to the state budget, expansion may be on the horizon for U.S. Highway 641 South in Calloway County. 

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