Mary Lassiter

Government
4:29 pm
Thu July 17, 2014

Beshear Cuts Budget to Balance $90.9-Million Kentucky Budget Shortfall

Gov. Steve Beshear in 2013

Originally published on Thu July 17, 2014 3:57 pm

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.

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2013 KY General Assembly
7:47 am
Wed February 6, 2013

Lawmakers Ready for Tax Reform Legislation, but Bill Unlikely This Session

Credit ltgovernor.ky.gov

Kentucky lawmakers seemed eager to dig into another tax reform bill this year, but the chair of the latest tax reform commission says reform isn't likely coming soon.

Lt. Gov. Jerry Abramson—who chaired the commission—and Mary Lassiter, the secretary of the cabinet, addressed lawmakers on the budget committees about the recommendations of the Blue Ribbon Tax Commission.

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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.

Kentucky Government
7:43 am
Tue June 12, 2012

Kentucky General Fund Receipts Fall

wikipedia.org

Kentucky officials say General Fund receipts fell about $17 million dollars, or 2 and a third percent in May from figures a year ago. 

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Government
7:05 am
Wed April 11, 2012

Beshear Offers Staff to Help Draft Kentucky Road Plan

Kentucky Governor  Steve Beshear is urging lawmakers to finish their work on a transportation budget and six-year road plan on the final day of this year's legislative session.  Beshear says the Kentucky's roads and bridges are the state's economic lifeblood, and not passing legislation to ensure their continued maintenance would do more than threaten public safety.  With time running out, lawmakers haven't yet reached agreement on what road construction projects to fund in the next two-year budget cycle or in an overall six-year plan.  Beshear says he will make State Budget Director Mary L