2014-16 Kentucky State budget

Local News
4:56 pm
Thu July 17, 2014

Beshear Cuts Kentucky Budget to Balance $90.9-Million Shortfall

Gov. Steve Beshear in 2013
Credit Rae Hodge/Kentucky Public Radio

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 Office of the State Budget Director announced the shortfall last week, which is due largely to an unexpected $63-million decline in income related to capital gains

Beshear's cuts cover the $90.9-million gap.

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Politics
7:56 pm
Tue January 21, 2014

Kentucky Gov. Steve Beshear Budget Preserves K-12 Education, 5% Cuts For Most Agencies

Steve Beshear
Credit Kentucky Governor's Office

FRANKFORT—Making good on his pledge to reinvest in K-12 education, Kentucky Gov. Steve Beshear's biennial budget would restore public education funding to 2008 levels, with a pledge of $189 million in a budget greater than $20 billion.

But Beshear said his budget was was made possible in large part by a 5 percent cut across many state agencies. 

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