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Beshear gives update on potential budget cut
Posted By: News Editor
November 11, 2020
Daniella Tebib
dtebib@murraystate.edu
During a media briefing on Nov. 4, Gov. Andy Beshear said the commonwealth is on track to balance the fiscal year 2021 budget without any cuts.
“Today’s news means that critical areas, such as education, health care and public safety will not suffer from midyear cuts but will instead be fully supported at their budgeted amounts,” Beshear said.
This announcement came after President Bob Jackson sent an email on Sept. 9 warning faculty of a possible eight percent budget cut, which would have resulted in a $3.5 million cut from the current fiscal year 2020-21.
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What You Need To Know
State lawmakers return to Frankfort Jan. 5 for the new legislative session
Lawmakers will be tasked with figuring out a spending plan for the next budget year
Research director for Kentucky Center for Economic Policy says once federal aid from pandemic dries up, economic picture will look grim
Report says Ky. has increased needs in education, Medicaid spending, corrections, and human services
“We have a backlog of budget needs from over a decade of cuts,” said Ashley Spalding, research director with the Kentucky Center for Economic Policy. “We are not funding our public education system adequately.”