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Lawmakers Consider Budget Cuts
Written by Gary Lacy   
Tuesday, 02 February 2010 14:43
Gary LacyA leading House budget writer says nothing is safe from possible budget cuts as Kentucky lawmakers look to plug a massive shortfall for the state's next budget.

House Appropriations and Revenue Committee Chairman Rick Rand told reporters today that it appears there will be no new revenue to help balance the next two-year budget.

Rand said top House budget writers are still considering several options, but said lawmakers will consider everything when looking at possible budget cuts.

He listed funding for elementary and secondary public schools as the last place lawmakers would look in seeking budget cuts. He also downplayed tapping school contingency funds.  A slowdown in tax collections caused by the recession has led to a projected $1.5 billion shortfall over the next two-year budget cycle.


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