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Beshear budget proposal spares education, health care priorities SEEK Funding, important to Adair and other South Central Kentucky school districts, is core priority in proposal. Governor's budget proposes no tax increases and limited cuts. Proposal uses limited gaming, a recurring revenue, to balance From Gov. Beshear's Communications Office FRANKFORT, KY - Governor Steve Beshear presented a balanced budget proposal to the General Assembly Tuesday night, January 19, 2009. The budget is one that does not raise taxes, cuts many agencies an additional two percent, and includes projected revenues from gaming in order to protect core priorities, including SEEK - the primary classroom funding formula; Medicaid - the health care program for our most vulnerable; and certain public safety and job creation programs. Gov. Beshear's budget proposal is projecting savings from his Smart Government Initiative of $77 million over the biennium, including $33 million in the General Fund. This government-wide initiative, which he announced last week, includes the sale of non-essential assets and the review of procurement and delivery of services. "My friends, these investments in our future are ours to make," Gov. Beshear said. "We just need the courage and commitment to make them happen." The budget proposal assumes approximately $780 million in revenue from video lottery terminals over the next two years. Without gaming revenue, the cuts to the impacted agencies increase significantly - over 12 percent in the first year of the biennium, and 34 percent in the second year. This comes on top 20 percent to 25 percent cuts many of these agencies have already faced. "Cuts of this magnitude would undoubtedly lead to mass layoffs and would inflict devastating damage on literally hundreds of critical services to communities and individuals around the Commonwealth, such as prenatal care, water permits, air quality inspections, social workers and fire inspections of public facilities like day-care centers and schools," Gov. Beshear said. Priorities protected, administration says Gov. Beshear's budget plan continues funding for the Commonwealth's most important priorities: education, job creation, health care and public safety.
Gov. Beshear addressed the possibility of a new federal stimulus windfall, noting that, "we cannot control what happens in Washington, and thus my budget does not count on that money." However, he submitted a contingency plan for using that money if it materializes, while emphasizing the importance of creating dependable, recurring revenue for the state:
This story was posted on 2010-01-20 08:16:20
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WKU KY Museum receives funding for new horse exhibit Unemployment benefits extend for 32,000 in state KY's jobless rate drops to 10.6% in Nov. 2009 Lowering of flag to honor Florence, KY airman Election 2010: 40 candidates have now filed Gov. Beshear appoints Wayne Douglas Sapp, Columbia, KY, to Personnel Board Unemployment benefit extension programming underway Gov. Beshear appoints Cumberland, Monroe Circuit Judge 3 Cumberland, Monroe Counties judgeship nominees Jeff Burton new KY Corrections Director of Local Facilities View even more articles in topic Kentucky |
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