Budget Shortfall

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State budget director John Chilton says Kentucky is on track to take in $113.2 million less than predicted by the time the fiscal year ends on June 30, meaning Gov. Matt Bevin might have to take emergency actions to balance the state budget.

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Pointing to strong tax collections, state budget officials say Kentucky will likely avoid another budget shortfall.

Revenues are expected to increase more than 3 percent in the budget year that ends June 30.

Gov. Steve Beshear issued a pair of executive orders this week reducing state spending levels to plug a $90.9-million hole in Kentucky's budget.