Senate Budget Maintains Governor’s Deep Budget Cuts, Increases Pension Contributions by Reducing Governor’s Set-Aside Funds – KY Policy

Are we in Kentucky lining up for an Illinois-like budget shutdown?  I sure hope not. That would be bad, bad, bad. Very bad.  News below about Senate budget plan.

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The Senate budget maintains the governor’s dramatic proposed cuts of nine percent to postsecondary education, parts of P-12 education and a wide range of services affecting health, quality of life and vulnerable Kentuckians. Its primary difference from the governor’s plan is to leave less money in the rainy day fund and a proposed permanent fund while increasing direct funding for pensions. The Senate budget is similar to the House plan when it comes to total pension funding. The main difference between the two read more

Source: Senate Budget Maintains Governor’s Deep Budget Cuts, Increases Pension Contributions by Reducing Governor’s Set-Aside Funds – KY Policy

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