From Frankfort

Governor Matt Bevin signs budget reduction order for $152M shortfall

07/14/2017 04:04 PM

Gov. Matt Bevin signed a budget reduction order on Friday to end the fiscal year with a balanced budget. On Monday Bevin’s budget office announced that the final fiscal year revenue was $138.5 million shy of budgeted predictions, falling 1.3 percent short of official estimates for the fiscal year. Analysts had predicted 2.7 percent growth over the fiscal year. In a press release, the Governor’s Office says the shortfall was actually higher. Citing a lower than expected lapse of... Read more 

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