Ky. lawmakers work to hammer out budget deal
FRANKFORT, KY (WDRB) - Time is running short for Kentucky lawmakers to put together a tw-year $19 billion state budget.
Members of the budget conference committee claim they are "getting along well" but remain far apart on spending tax money on certain projects – including a Democratic House-backed proposal to issue future bonds to build schools.
Lawmakers appear to have reached an agreement to give at least $5 million to the Kentucky state fair board in the first year of the budget to make up for losses from the KFC Yum! Center and the now defunct Kentucky Kingdom amusement park.
A Senate version of the budget calls for cutting money for indigent care at the University of Louisville.
That has irked some.
"The city of Louisville does not have $2.5 million dollars floating around... if it gets into a situation then we are going to have a funding cut for indigent care," said Sen. Tim Shaughnessy, D - Louisville.
Lawmakers will need to reach a deal by around midnight Wednesday night if they want to stay on schedule.
It takes roughly 36 hours to print the budget.