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Historic surplus leaves state in strong place to begin reinvesting in Kentucky’s needs

AUGUST 5, 2021 | by Jason Bailey | KENTUCKY CENTER FOR ECONOMIC POLICY

By Jason Bailey, includes “Thanks to aggressive federal pandemic relief that has increased Kentuckians’ incomes and strengthened consumer spending, Kentucky’s budget is seeing large revenue surpluses that are boosting the state’s rainy day fund to a historically high balance. These resources present a critical opportunity to reinvest in Kentucky’s public services after over a decade of budget cuts.”
 

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