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Kentucky's deficit problem goes back to the 1960's whena quirk by statute writer left out tax onservices. Ky spent more than it took it using Road Fund tocover its deficit spending. Today'snational economy disaster acceleratedKentucky's 2009financial dilemma!
2000-2004 growth was less than 3%!
 
KENTUCKY JULY 2009-JUNE 2013 BUDGETENTUCKY JULY 2009-JUNE 2013 BUDGET
2009 BIPARTISANSHIP2009 BIPARTISANSHIPCRITICAL IN SOLVINGCRITICAL IN SOLVING2009-2013 FINANCIAL2009-2013 FINANCIALDILEMMA DILEMMA  
 
Long-term Goal
 
EQUALIZEEQUALIZE
2009009
-2013-2013
 APPROPRIATIONSAPPROPRIATIONSWITH TAXWITH TAXRESOURCESRESOURCES
1994 through 2004 AVERAGE GROWTH RATEOF SPENDING WAS 6.0% VERSUS TAXINCOME OF 5.3% 
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