2018 - 2020 Budget of the Commonwealth

Commonwealth of Kentucky

2018 - 2020

Budget of the Commonwealth

BUDGET IN BRIEF

matthew g. bevin

GOVERNOR

John e. chilton

STATE BUDGET DIRECTOR

Commonwealth of Kentucky 2018 ? 2020

Budget of the Commonwealth

Budget in Brief

Table of Contents

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General Fund Summary................................................................................................................................ 1 Road Fund Summary .................................................................................................................................... 2 Capital Projects Summary ............................................................................................................................ 3 General Fund Revenue Receipts ? Fiscal Year 2003 through Fiscal Year 2020 - Bar Chart ...................... 4 General Fund Expenditures ? Fiscal Year 2003 through Fiscal Year 2020 ? Bar Chart.............................. 5 Distribution of General Fund Appropriations ? 2018-2020 Biennium ? Pie Chart ........................................ 6 Distribution of All Funds Appropriations ? 2018-2020 Biennium ? Pie Chart ............................................... 7 Revenue Estimates (General Fund, Road Fund) ......................................................................................... 8 Debt Financing ............................................................................................................................................ 13 Commonwealth of Kentucky Summary....................................................................................................... 17 Executive Branch Summary........................................................................................................................ 19 Cabinet Summaries..................................................................................................................................... 21 Legislative Branch Summary ..................................................................................................................... 45 Judicial Branch Summary .......................................................................................................................... 46 Governor's 2018 State of the Commonwealth Address and 2018-2020 Budget Address ........................ 47

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The Budget of the Commonwealth for the 2018-2020 biennium is the financial plan for Kentucky State Government as enacted by the Regular Session of the 2018 General Assembly. It is published by the Office of State Budget Director, Governor's Office for Policy and Management in accordance with KRS Chapter 48.

The 2018-2020 Budget of the Commonwealth is presented in five volumes:

Volume I: State Agency Program Budget Detail

Volume II: Capital Projects

Budget in Brief: Budget Summary Data and Governor Bevin's Budget Address

Revenue Bill: Legislative Bill

Appropriations Bills: Legislative Bills and Gubernatorial Veto Messages

These documents provide the detail to support the enacted budget as presented in the various budget bills.

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ACKNOWLEDGMENTS

OFFICE OF STATE BUDGET DIRECTOR

John E. Chilton

State Budget Director

GOVERNOR'S OFFICE FOR POLICY AND MANAGEMENT

Kevin Cardwell

Deputy State Budget Director

Janice Tomes

Deputy State Budget Director

Thomas Clark

Policy and Budget Analyst

Michaela Giles

Policy and Budget Analyst

Glenna Goins

Policy and Budget Analyst

Christina Gordley

Policy and Budget Analyst

Traci Hedrick

Administrative Specialist

Melissa Highfield Smith Policy and Budget Analyst

Alex Kelly

Policy and Budget Analyst

Marty Miller

Internal Policy Analyst

Phillip Rosell

Programmer

Teresa Sanders

Policy and Budget Analyst

Kara Smothermon

Policy and Budget Analyst

Ethan Williams

Policy and Budget Analyst

Carla Wright

Policy and Budget Analyst

GOVERNOR'S OFFICE FOR ECONOMIC ANALYSIS

Greg Harkenrider

Deputy Executive Director

Martha Armstrong

Administrative Specialist

Gene Brown-Zaparanick Financial Investment and Forecasting Program Analyst

Thomas Jones

Financial Investment and Forecasting Program Analyst

GOVERNOR'S OFFICE FOR POLICY RESEARCH

Michael Jones

Deputy Executive Director

Sarah Aitken

Financial Investment and Forecasting Program Specialist

Ghada ElDabbagh

Financial Investment and Forecasting Program Specialist

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2018-20 BUDGET OF THE COMMONWEALTH GENERAL FUND SUMMARY

RESOURCES Beginning Balance Official Revenue Estimate Tax Changes Fund Transfers Tobacco Settlement-Phase I Tobacco Settlement-Phase I - prior year excess

RESOURCES Continued Appropriations Reserve Budget Reserve Trust Fund Executive Branch Legislative Branch Judicial Branch Continued Appropriations Reserve

TOTAL RESOURCES APPROPRIATIONS

Executive Branch Appropriations-Operating Necessary Government Expenses Special Appropriations Current Year Appropriations Dedicated Revenue Adjustments Budget Reduction Lapses Tobacco Settlement-Phase I Build America Bonds-Tobacco Lapse

Total Executive Branch Judicial Branch

Appropriations Budget Reduction Lapses Total Judicial Branch Legislative Branch Appropriations Budget Reduction Lapses Total Legislative Branch TOTAL APPROPRIATIONS BALANCE

Continued Appropriations Reserve Budget Reserve Trust Fund

Appropriations to Budget Reserve Trust Fund Subtotal-Budget Reserve Trust Fund

Executive Branch

Legislative Branch

Judicial Branch

Continued Appropriations Reserve ENDING BALANCE

Enacted FY 2018

Enacted FY 2019

Enacted FY 2020

115,553,400 10,719,500,000

(1,100,000) 259,853,000 114,600,000

8,441,200 11,216,847,600

13,277,100 11,005,900,000

192,300,000 303,570,100 119,500,000

11,634,547,200

11,290,000,000 197,500,000 315,851,900 118,100,000

11,921,451,900

150,491,500 37,867,500 10,836,000 2,281,300

201,476,300 11,418,323,900

8,054,200

10,836,000

18,890,200 11,653,437,400

41,509,300

10,836,000

52,345,300 11,973,797,200

10,887,659,600 85,725,800 10,939,000 29,592,000 (11,447,000)

(126,634,800) (45,211,600) 94,865,000 (2,065,000)

10,923,423,000

11,056,920,900

(18,864,600) 121,531,400

(2,031,400) 11,157,556,300

11,166,502,200

(17,601,000) 120,087,500

(1,987,500) 11,267,001,200

365,212,700 (1,886,500)

363,326,200

384,897,100

(7,700,000) 377,197,100

388,377,700

(7,500,000) 380,877,700

63,206,600 (463,900)

(3,484,100) 59,258,600 11,346,007,800 72,316,100

68,607,700

(2,269,000) 66,338,700 11,601,092,100 52,345,300

70,162,500

(2,269,000) 67,893,500 11,715,772,400 258,024,800

8,054,200

8,054,200 37,867,500 10,836,000

2,281,300 59,039,000 13,277,100

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8,054,200 33,455,100 41,509,300

10,836,000

52,345,300 0

41,509,300 195,064,500 236,573,800

10,836,000

247,409,800 10,615,000

2018-2020 BUDGET OF THE COMMONWEALTH ROAD FUND SUMMARY

RESOURCES Beginning Balance Official Revenue Estimate Fund Transfers

TOTAL RESOURCES

APPROPRIATIONS Appropriations Surplus Appropriations Debt Service Lapse Dedicated Revenue Adjustments Build America Bonds-Debt Service Lapse

TOTAL APPROPRIATIONS

ENDING BALANCE

Revised FY 2018

57,237,100 1,503,300,000

1,830,700 1,562,367,800

1,483,636,300 57,237,100 (7,389,600) 4,927,000 (3,605,600)

1,534,805,200

27,562,600

Enacted FY 2019

27,562,600 1,505,300,000

1,830,600 1,534,693,200

1,538,060,900

(3,367,700) 1,534,693,200

0

Enacted FY 2020

0 1,508,500,000

1,829,800 1,510,329,800

1,513,697,500

(3,367,700) 1,510,329,800

0

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