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Kentucky State University will run out of money in March without assistance from the legislature, according to state higher education officials.
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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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Adding to Kentucky’s financial woes, economists are predicting the state will bring in around $200 million less than originally projected this fiscal…
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Gov. Matt Bevin has made a combination of spending cuts and fund transfers to fill a more than $152 million budget shortfall after the state didn’t bring…
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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…
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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,…
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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…
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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. The...