Monthly Archives: November 2019

State finances have increase in October

State finances have increase in October

FRANKFORT, Ky. (KT) – There was some excellent news for state finances on Tuesday as Kentucky’s General Fund saw a huge reversal from a decline in September, to a sharp increase in October. The State Budget Director’s office reported October’s General Fund receipts rose 11.5 percent, or $94.7 million, over last year’s total. Revenues for…more »

The States Where Taxpayers Should Worry Most About Pensions

The States Where Taxpayers Should Worry Most About Pensions

Most American workers can’t get pensions anymore, though state and local government employees are an exception. But their pensions — providing regular income in retirement — have become a costly burden for states and their citizens. Many state pension plans, covering government workers at both the state and local level, are underfunded. There’s not enough…more »

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