New Kentucky budget passed and awaits Gov. Bevin's signature - WDRB 41 Louisville News

New Kentucky budget passed and awaits Gov. Bevin's signature

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LOUISVILLE, Ky. (WDRB) -- Kentucky's new budget means changes for some and big checks for others.

It started on Friday with the senate and ended with the house of representatives voting on the state budget for the next two years.

Of the more than $21 billion, some of that money is headed directly to Louisville.

The budget restores $420,000 a year for Waterfront Park.

In the 2014 budget, that money was taken out causing the cancellation of the July 4 fireworks show.

It also includes $225,000 for the planned Louisville Botanical Gardens on River Rd.

That plan will ultimately cost around $50 million and developers hope to have it completed by 2019.

Almost all lawmakers agreed on the budget.

The only no vote in either chamber came from Jefferson County Rep. Jim Wayne.

The bill now awaits the Governor's signature, but if he wants to make changes, the general assembly can do nothing about it because the session ended Friday at midnight.

The budget bill also includes $1.2 billion for Kentucky's pension system, over $900 million goes to the Teacher's Retirement Fund.

Gov. Bevin originally wanted a 9 percent cut to higher education, but was negotiated down to 4.5 percent.

Bevin released a statement saying in part that he would be reviewing the details of the final bill over the coming days.

Gov. Bevin has until April 27 to make his decision.

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