Kentucky

Making the Federal Reserve's Municipal Liquidity Facility a permanent emergency lending program would be “valuable and forward thinking," Connecticut Treasurer Shawn Wooden told a House subcommittee.

The Kentucky Public Transportation Infrastructure Authority and the Kentucky Turnpike Authority plan refunding revenue bond sales this month.

Kentucky Gov. Andy Beshear talks with Chip Barnett about economic progress the Commonwealth has made this year and how the state-local government partnership strengthened during the pandemic. He describes the heartbreaking human cost of the virus, the deadly toll it took on residents and why the Delta variant is a continuing cause of concern. (14 minutes)

“Kentucky’s economy is on fire,” says Gov. Andy Beshear, after the state passed the $2.2 billion mark of total planned private-sector investment this year. But COVID's Delta lurks.

General fund receipts increased to record surplus as road fund receipts gained 10.1% in the Bluegrass State.

Kentucky has one of the poorest funded pension systems among all U.S. states.

The ratings agency said it action reflects the state’s solid economic recovery from the COVID-19 pandemic.

Moody's Investors Service notes that the new two-tier pension system will not immediately decrease Kentucky's high unfunded pension liabilities.

The budget, a continuation from the previous fiscal year, was called too austere by some critics.

They assumed their jobs over the past year in the face of a pandemic, civil unrest and financial uncertainties, and in an industry often set in its ways.