Dayron Elias
XXXXXXXXXXEXECUTIVE BUDGET
Andy Beshea
GOVERNOR
John Hicks
STATE BUDGET DIRECTOR
Budget in Brief
PREFACE
The Executive Branch budget for the XXXXXXXXXXbiennium is the financial plan for Kentucky State
Government as proposed by the Governor for consideration by the 2020 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 XXXXXXXXXXBudget is presented in four volumes:
ï‚· Volume I: State Agency Program Budget Detail
ï‚· Volume II: Capital Projects
ï‚· Budget in Brief: Executive Summary
Budget Summary Reports
Revenue Estimates
Capital Financing
ï‚· Historical Data: Actual Agency Revenue and Expenditure Data for the past two
Fiscal Years
These documents provide the detail to support the budget in legislative form as presented in the
udget bill.
The Cost of printing was paid for from state funds pursuant to KRS 57.375.
i
TABLE OF CONTENTS
PAGE
General Fund Summary ............................................................................................................. XXXXXXXXXX1
Executive Budget Revenue Proposal ......................................................................................... XXXXXXXXXX2
Road Fund Summary ................................................................................................................. XXXXXXXXXX4
Education First Budget -Executive Summary............................................................................. XXXXXXXXXX5
General Fund Revenue Receipts Chart................................................................................... XXXXXXXXXX17
General Fund Expenditures Chart ........................................................................................... XXXXXXXXXX18
Distribution of General Fund Appropriations ............................................................................ XXXXXXXXXX19
Distribution of All Funds Appropriations ................................................................................... XXXXXXXXXX20
Budget Fiscal Detail – By Cabinet ............................................................................................ XXXXXXXXXX21
Revenue Estimates Fiscal Years XXXXXXXXXX ........................................................................... XXXXXXXXXX48
Capital Financing Analysis ....................................................................................................... XXXXXXXXXX84
Acknowledgements ................................................................................................................ XXXXXXXXXX107
Revised Recommended Recommended
FY 2020 FY 2021 FY 2022
RESOURCES
Beginning Balance 103,057,400 85,182,200
Official Revenue Estimate 11,576,200,000 11,722,200,000 11,929,300,000
Revenue Proposal 73,070,000 74,620,000
Other Resources 13,784,700 14,225,000 49,825,000
Fund Transfers 315,851,900 153,199,100 134,960,200
RESOURCES 11,905,836,600 12,065,751,500 12,273,887,400
Continued Appropriations Reserve
Budget Reserve Trust Fund 129,077,800 306,090,800 316,090,800
Executive Branch 73,813,300
Legislative Branch 13,971,500 13,971,500 13,971,500
Judicial Branch 5,979,400
Continued Appropriations Reserve 222,842,000 320,062,300 330,062,300
TOTAL RESOURCES 12,128,678,600 12,385,813,800 12,603,949,700
APPROPRIATIONS
Executive Branch
Appropriations-Operating 11,169,683,700 11,529,040,900 11,825,999,400
Cu
ent Year Appropriations 45,449,300
Dedicated Revenue Adjustments 15,662,000
Lapses (53,800, XXXXXXXXXX,900, XXXXXXXXXX,117,200)
Total Executive Branch 11,176,995,000 11,511,140,700 11,808,882,200
Judicial Branch
Appropriations 388,377,700 398,133,400 403,736,900
Lapses (7,500,000) (7,500,000) (7,500,000)
Total Judicial Branch 380,877,700 390,633,400 396,236,900
Legislative Branch
Appropriations 70,162,500 71,064,200 71,037,300
Lapses (2,269,000) (2,269,000) (2,269,000)
Total Legislative Branch 67,893,500 68,795,200 68,768,300
TOTAL APPROPRIATIONS 11,625,766,200 11,970,569,300 12,273,887,400
BALANCE 502,912,400 415,244,500 330,062,300
Continued Appropriations Reserve
Budget Reserve Trust Fund 129,077,800 306,090,800 316,090,800
Appropriations to Budget Reserve Trust Fund 177,013,000 10,000,000 0
Subtotal-Budget Reserve Trust Fund 306,090,800 316,090,800 316,090,800
Executive Branch 73,813,300
Legislative Branch 13,971,500 13,971,500 13,971,500
Judicial Branch 5,979,400
Continued Appropriations Reserve 399,855,000 330,062,300 330,062,300
ENDING BALANCE 103,057,400 85,182,200 0
XXXXXXXXXXBUDGET OF THE COMMONWEALTH
GENERAL FUND SUMMARY
1
XXXXXXXXXXEXECUTIVE BUDGET
Revenue Proposal
Tobacco and E-cigarettes/Vaping
Cigarettes
ï‚· Raise the tax on cigarettes by