KRS 45.229: Appropriations -- Lapsing.

(1) No state officer or budget unit shall, after the close of any fiscal year, incur, or vote,

order, or approve the incurring of, any obligation or expenditure under any

appropriation for that fiscal year, and no expenditure shall be made from or charged

to any appropriation for any fiscal year that has expired at the time the obligation of

the expenditure was incurred.

(2) The Finance and Administration Cabinet may, for a period of thirty (30) days after

the close of any fiscal year, draw warrants against the available balances of

appropriations made for that fiscal year, for the payment of expenditures incurred

during that year or in fulfillment of contracts properly made during that year, but

for no other purpose. Except as provided in KRS 48.705, after the expiration of

thirty (30) days from the beginning of each fiscal year, all balances of

appropriations for the prior fiscal year shall lapse to the surplus account of the

general fund or road fund unless a branch budget bill provides that the

appropriation from which the expenditures shall be paid does not lapse. No further

payments shall be made on any claims on account of expenditures of the prior fiscal

year.