KRS 48.180: Financial information submitted as part of executive branch budget

request.

In addition to the information required by KRS 48.110, the Governor shall submit the

following information as a separate part of the branch budget request for the executive

branch of government:

(1) Summary statements of the financial condition of the state, which shall include such

detailed schedules of revenues and summary of expenditures by fund as specified by

law in addition to those the Governor deems desirable; and summary statements of

the estimated fund balances for the current fiscal year and each of the next two (2)

fiscal years; and statement of the surplus account for the general fund and the road

fund, for the budget reserve trust fund account, and for each special fund. Each

surplus account shall show the excess of all current revenues over al l current

expenditures as of the beginning of each of the two (2) fiscal years last concluded,

and all changes in each surplus account during each of such two (2) fiscal years.

(2) A statement as of the close of the last completed fiscal year and as of the close of

the current fiscal year, showing for the Commonwealth the total funded debt, the

value of sinking fund assets, the net funded debt, the floating liabilities as of the

close of the last completed fiscal year and the estimated floating liabilities as of the

end of the current fiscal year, and the total debt as of the close of the last completed

fiscal year and as of the close of the current fiscal year.

(3) A summary statement for each major fund of the cash resources estimated to be

available at the beginning of each of the next two (2) fiscal years, and the estimated

cash receipts of the fiscal year.

(4) Such other information as is deemed desirable or is required by law or regulation.