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\nGovernor Andy Beshear said he expects to call a “short, targeted” special session this year so lawmakers can address a revenue shortfall in the road construction budget.<\/p>\n
\nGovernor Andy Beshear said he expects to call a “short, targeted” special session this year so lawmakers can address a revenue shortfall in the road construction budget.<\/p>\n
The Consensus Forecasting Group determined Friday that the state’s general fund will shrink by $457.6 million given the economic impacts of the COVID-19 pandemic.<\/p>\n
That represents about a 4% cut, and Beshear said he will ask state agencies to trim their current budgets as a result. Constitutional officers will also be asked to cut their budgets accordingly.<\/p>\n
Expected revenue shortfalls in the road fund are expected to be greater than 5%, meaning Beshear will need to call lawmakers back to Frankfort to cut that budget.<\/p>\n
Without federal aid, Beshear said the pandemic will “devastate” the budgets of states and local governments throughout the U.S.
\nSource: WBKO<\/p>\n","protected":false},"excerpt":{"rendered":"
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