Budget

Government
2:24 pm
Wed October 10, 2012

Kentucky Reports Increased Tax Revenue

www.en.wikipedia.com

Kentucky’s General Fund receipts increased by more than 5 percent in September, thanks in part to a big increase in corporate income tax revenue. Those receipts increased by more than 26 percent. Lottery and individual income tax receipts also rose by more than 8 percent. State Budget Director Mary Lassiter says those increases helped offset losses in property, cigarette, and coal severance tax revenues. She says the coal revenue fell about 19 percent due to a downturn in the state’s mining industry.

Government
2:14 pm
Mon September 10, 2012

Flat Growth in State Budget Causing Some Concerns

www.flickr.com/photos/76657755@N04

State budget officials say they are paying close attention to revenue as the state budget sees a flat growth at the start of the fiscal year.

Budget director Mary Lassiter says in her monthly briefing that August revenues ticked up, helping make up 2 percent of losses in July. But that leaves revenues flat, while forecasters had expected an almost 3 percent growth this year.

Lassiter says while warning alarms aren'’t going off yet, steady declines in income and sales taxes is giving her office causes for concern.

Education
4:30 pm
Thu June 14, 2012

Health Department Budget

Hopkins County school clinics may be the latest casualty in a series of budget cuts to the County Health Department. 

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Business
9:50 am
Wed June 13, 2012

Convention Center Corporation Set To Enter Next Fiscal Year with Balanced Budget

www.paducahconventions.com

The Paducah/McCracken County Convention Center Corporation will enter the next fiscal year with a balanced budget. 

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Government
9:35 am
Thu May 31, 2012

Top House leaders face off over budget, pensions

The top Democrat and top Republican in the Illinois House traded jabs yesterday in a heated confrontation over state budget issues. 

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Government
6:00 pm
Fri May 11, 2012

State Judicial Budget Woes

Wikimedia Commons

Some of Calloway County’s 12 deputy court clerks are entering data at their desks and filing paperwork in massive filing cabinets while others assist county residents at walk-up windows. The clerks, like many are leery of state budget which cut most state agencies 8.4%.

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Tennessee
9:25 am
Wed May 9, 2012

Tennessee State Revenue More than Budgeted

Tennessee has collected $190 million dollars more than budgeted so far this fiscal year. Finance and administration officials say April collections were 9.6 percent over those in April a year ago. Sales tax collections for April recorded their 25th straight month of growth. 

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Murray City Council
6:35 pm
Fri May 4, 2012

Murray Special Appropriations Budget Could See Big Cuts for 2012-2013

The shaky economy has led to cutbacks in government at all levels, from the federal budget all the way down to the city of Murray. In a meeting this week, Murray Mayor Bill Wells proposed completely gutting various special appropriations from the city’s 2012/13 budget. The drastic step would help fill a half-million dollar gap for next year, caused by increased expenses and declining revenues.  Half a dozen projects receive special appropriation funding, including Murray Main Street. MMS Director Deana Wright says city funding is an important part of their budget.

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Land Between the Lakes
3:31 pm
Wed April 25, 2012

LBL Continues to Seek Public Input on Budget Cuts

Less than 25 people have offered comments at public meetings on budget cuts to Land Between the Lakes national recreation area. LBL officials have held two meetings to discuss a 50% cut to the park's maintenance budget which totals around $750,000. The park hosts almost 2 million visitors each year.  12 people attended the last meeting, LBL Public Affairs Specialist Nicole Hawk says she thinks public awareness is increasing.

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Kentucky General Assembly 2012
8:42 am
Mon April 16, 2012

Special Session Starts

Kentucky lawmakers are returning to Frankfort today to begin a special session called by Governor Steve Beshear.

Beshear has ordered lawmakers to take up a funding bill for the state's road plan and one addressing prescription pill abuse.

Those were the two major bills that died in the final hours of the 2012 regular session last week.

Beshear says passing those bills should only take lawmakers five days.

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