Kentucky Records Seventh Consecutive Budget Surplus

Kentucky records seventh consecutive budget surplus

For the seventh consecutive time, Kentucky has posted a budget surplus. General Fund receipts for fiscal year 2026 in the Bluegrass State totaled nearly $16 billion, an almost 2% increase

Kentucky Closes Out Fiscal Year 2026 With General Fund Revenue Ahead of Projections

Kentucky’s General Fund outperformed expectations for fiscal year 2026, even as officials had projected a decline for the year, according to a year-end report released July 10 by the Office of the State Budget Director (OSBD). The General Fund brought in $15,975.5 million for the year, a 1.7% increase over FY25 and $476.6 million more than officials had projected. State Budget Director John Hicks noted that fourth-quarter receipts climbed 7.2%, …