A nonprofit publication of the Kentucky Center for Public Service Journalism

Budget agreement includes cuts, full pension contributions and some new revenue

By Ashley Spalding Kentucky Center for Economic Policy The state budget passed Monday by the General Assembly for fiscal years 2019 and 2020 is very similar to the House’s budget proposal. Like the House proposal, the budget agreement – and accompanying revenue bill – includes substantial cuts in many areas but also raises a small amount of revenue and relies heavily on fund transfers in order...