Eight months into the state’s fiscal year, Kentucky’s General Fund revenues are up $408,496 according to State Budget Director Mary Lassiter, suggesting overspending is still at the heart of any “shortfall.”
Also, the state’s cut on the Lottery is up only $738,409, while alcohol and tobacco taxes are down $6,072,745.
Looks like we raised taxes and raided the Health Fund just in time.
Since Gov. Steve Beshear apparently isn’t going to do the “efficiency study” he promised, and the legislature doesn’t want to do anything about prevailing wage or MUNIS, perhaps we should focus on smoking, drinking, and losing money on the lottery.