Overview
- Kentucky’s Consensus Forecasting Group lowered the projected general fund shortfall from $305 million to $156 million.
- Gov. Andy Beshear asked many state agencies to trim 3% from current budgets primarily by leaving vacant, budgeted positions unfilled.
- He said the revised gap equals roughly 1% of general fund revenue.
- The governor plans to present his next budget to the legislature on Jan. 7.
- WLKY reported the announcement from Frankfort on Dec. 18 ahead of next year’s legislative session.