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Almost all of the $1.55 billion surplus will go into the state's rainy-day fund, raising its balance to a record $3.7 billion, a 2,700% jump since 2019.
July 26 -
S&P analyst Anne Cosgrove cited "Kentucky's commitment and execution to strengthen its budgetary flexibility and long-term financial stability."
June 29 -
Fitch said its upgrade of Kentucky's IDR "reflects material improvements to Kentucky's fiscal reserves since 2020 as a result of improved budgetary discipline.
May 12 -
The administration gave priority to large bridge projects that are ready to proceed with construction.
January 4 -
Because I-75 is a key freight corridor from Florida to Canada, impacts from traffic congestion affect commercial and commuter traffic up and down the East Coast.
December 30 -
Following a procession of anti-ESG policy decisions in Kentucky, state lawmakers met last week to discuss additional requirements for companies that have cut ties with the fossil fuel industry.
December 15 -
The funds will be used to restore running water in counties still grappling with infrastructure damage wrought by July's flash floods, Gov. Andy Beshear said.
December 2 -
An increase in the volume of tax-exempt bond deals for long-term, fixed-priced natural gas contracts may signal a turnaround in the prepaid energy market.
November 30 -
The upgrades follow Fitch's upgrade of Morgan Stanley, the guarantor to the gas supplier in all of the transactions.
November 16 -
The $74 million of federal funds will support the efforts of a state agency that has long grappled with the decaying infrastructure of the coal business.
October 31