KENTUCKY IS IN THE 46TH WORST FINANCIAL POSITION OF ALL 50 STATES
Each Kentucky taxpayer’s financial burden equals $23,800. Read report here: 2009 Kentucky Financial State of the State Share and Enjoy:
(The Examiner) Kentucky Governor Steve Beshear said yesterday that he is exploring the possibility of allowing charter school legislation to be added to the agenda of the forthcoming special session. The purpose of the special legislative session will be to finally draft a state budget. The charter schools issue is expected to be the measure [...]
The Pew center said on Wednesday that Alaska, Colorado, Illinois, Kansas, Kentucky, Maryland, New Jersey and Oklahoma had, in essence, failed its new test because they made no meaningful progress on keeping their retiree benefit plans sound. The worst case was Illinois, with a $54 billion gap between the cost of the benefits it had [...]
Kentucky Comptroller’s website: http://finance.ky.gov/ourcabinet/caboff/OOC/ Kentucky’s Comprehensive Annual Financial Reports can be found at: http://finance.ky.gov/ourcabinet/caboff/OOC/ofm/debt/cafr.htm Kentucky is required to pass a “balanced budget”. Section 171 of State law mandates that for each fiscal year the legislature provide revenue to meet the estimated expenses. Kentucky law forbids the carrying over of a deficit from one year to [...]
