{"data":{"id":"us-ky/krs-48.110","jurisdiction":"us-ky","citation":"KRS 48.110","heading":"Contents of branch budget recommendations.","body":"Each branch budget recommendation shall contain a complete financial plan for the\nbranch of government for each of the next two (2) fiscal years. Each branch budget\nrecommendation and all supporting documentation shall be submitted in a form and\nformat coo peratively developed by each respective branch of government and the\nGeneral Assembly and approved by the Legislative Research Commission. Each branch\nbudget recommendation shall include:\n(1) A budget message signed by:\n(a) The Governor for the executive branch;\n(b) The Chief Justice for the judicial branch; and\n(c) The co-chairmen of the Legislative Research Commission for the legislative\nbranch;\n(2) (a) Statements of income and receipts for the two (2) fiscal years last concluded,\nand the estimated income  and receipts, for each budget unit of the branch of\ngovernment for the current fiscal year and each of the next two (2) fiscal\nyears.\n(b) The statements of income and estimated income shall be itemized by budget\nunit and fund, and shall show separately receipts from:\n1. Current income;\n2. Refunds and reimbursements of expenditures;\n3. The sale of assets; and\n4. Receipts on account of the income of prior years.\n(c) Existing sources of income and receipts shall be analyzed as to their equity,\nproductivity and need for revision, and any proposed new sources of income\nor receipts shall be explained;\n(3) A statement of the surplus in any account and in any special fund o f the branch of\ngovernment. If a surplus exists in any account of the branch of government the\nstatement shall show the excess of all current assets over all current liabilities as of\nthe beginning of each of the two (2) fiscal years last concluded, and al l changes in\nthese accounts during each of such two (2) fiscal years;\n(4) A statement as of the close of the last completed fiscal year and as of the close of\nthe current fiscal year showing, for each budget unit the total funded debt, the value\nof sinking fund assets, the net funded debt, the floating liabilities as of the end of\nthe current fiscal year, and the total debt as of the close of the last completed fiscal\nyear and as of the close of the current fiscal year;\n(5) Summary and detailed comparative statements of expenditures itemized by budget\nunit for each of the two (2) fiscal years last concluded and requests for\nappropriations by funds or accounts, the budget of the current year, and the\nrecommendations for appropriations for each of the next two  (2) fiscal years.\nFollowing the lists of actual and proposed expenditures of each budget unit there\nshall be a detailed explanation of the actual and proposed expenditures, to include\nactivities, beneficiaries and expected results of the programs or servi ces of the\nbudget units;\n(6) A draft of the proposed branch budget bill containing:\n(a) Recommendations of the branch of government for appropriations for the next\ntwo (2) fiscal years, and drafts of such revenue and other acts as may be\nrecommended for implementing the proposed financial plan;\n(b) Recommended appropriations for extraordinary expenses and capital outlays,\nwhich shall be itemized in the proposed branch budget bill for the branch by\nbudget unit. The title of each budget unit shall be worded t o limit each\nappropriation to the specific use or purpose intended;\n(c) A plan for the reduction of the branch budget if there is a revenue shortfall of\nfive percent (5%) or less in the general fund or road fund. In recommending\nbudget reductions, the Gove rnor, the Chief Justice, and the Legislative\nResearch Commission shall not recommend universal percentage reductions,\nbut shall weigh the needs of all budget units and shall strive to protect the\nhighest possible level of service in their respective branch es. Services which\nare not essential to constitutional functions shall be subject to reduction.\nTransfer of funds may be authorized by the budget reduction plan;\n(d) 1. A plan for the expenditure of a general fund or road fund surplus of up\nto two and one-half percent (2.5%).\n2. The plan shall include provisions for the expenditure of a surplus, and\nmay provide for additional moneys for nonrecurring expenditures for\nwhich an appropriation was not made in a branch budget bill, or for a\nprogram or service aut horized by law for which an appropriation was\nnot made, or which was not fully funded.\n3. In lieu of recommending the appropriation of funds, the plan may\ninstead recommend the retention of surplus funds in the surplus account\nof the general fund or road fund for investment until appropriated by the\nGeneral Assembly;\n(e) 1. A recommended state capital projects program and a recommended\nprogram for the purchase of major items of equipment.\n2. The recommended capital construction program shall include:\na. A complete list and summary description of each specific capital\nconstruction project recommended for funding during the\nbiennium; and\nb. For each project:\ni. The agency and purpose for which it will be used;\nii. The justification for the project;\niii. Its estimated completion date;\niv. The total estimated cost of completing the project;\nv. The estimated cost of the project during the biennium;\nvi. The recommended sources of funds for the entire project;\nand\nvii. The dollar amounts recommended for appropriation and  the\ndollar amounts, listed by source, that are anticipated\nfrom every other source of funds for the biennium.\n3. All information required by subparagraph 2. of this paragraph shall be\nincluded in each branch budget recommendation. Each branch budget\nbill shall contain only a complete list of the specific capital construction\nprojects recommended for funding during th e biennium and, for each\nproject, the information specified in subparagraph 2.b.v., vi., and vii. of\nthis paragraph.\n4. A report which details the effect of recommended new debt on the debt\nposition of the Commonwealth shall be submitted at the same time t he\nrecommended capital program is submitted. Information shall be\npresented separately, and in total, for the general fund, road fund, and\nany affected restricted fund account.\n5. Information in the report shall include but not be limited to the\nfollowing:\na. Debt service on existing appropriation -supported debt, as a\npercentage of anticipated total revenues;\nb. Debt service on existing appropriation -supported debt, as a\npercentage of anticipated available revenues;\nc. The sum of debt service on existing ap propriation-supported debt\nand debt service on recommended new appropriation -supported\ndebt, as a percentage of anticipated total revenues;\nd. The sum of debt service on existing appropriation -supported debt\nand debt service on recommended new appropriatio n-supported\ndebt, as a percentage of anticipated available revenues;\ne. The sum of debt service on existing appropriation -supported debt\nand debt service on recommended new appropriation -supported\ndebt, as a percentage of estimated state total personal income; and\nf. The sum of existing appropriation -supported debt and\nrecommended new appropriation -supported debt, as a percentage\nof estimated state total personal income.\n6. The recommended program for the purchase of major items of\nequipment submitted by th e head of each branch of government shall\ninclude:\na. A complete list and summary description of each specific major\nitem of equipment recommended for purchase during the\nbiennium; and\nb. For each major item of equipment:\ni. The agency and purpose for which it will be used;\nii. The justification for the purchase;\niii. The estimated cost of the item, including ancillary expenses\nand any expenses necessary to make the equipment\nfunctional and operational;\niv. The recommended sources of funds; and\nv. The dollar amounts recommended for appropriation and\nanticipated from every other source of funds for the\npurchase.\n7. All information required by subparagraph 5. of this paragraph shall be\nincluded in the executive branch budget recommendation. The branch\nbudget bill for the executive branch shall contain only a complete list of\neach specific item of major equipment recommended for purchase\nduring the biennium and, for each item, the information specified in\nsubparagraph 6.b.iii., iv., and v. of this paragraph;\n(f) The branch budget recommendation for the Transportation Cabinet shall\ninclude the following information:\n1. A separate branch budget bill;\n2. A recommended biennial highway construction plan, which shall be\npresented as a separate bill, and which  shall include a list of individual\ntransportation projects included in the last four (4) years of the six (6)\nyear road plan, not to exceed ten percent (10%) of the recommended\nbiennial highway construction appropriation, which can be advanced if:\na. Additional funds are received; and\nb. All projects included in the biennial highway construction plan\nhave been advanced or completed to the extent possible; and\n3. The six (6) year road plan. The Governor shall have ten (10) working\ndays after submission of t he branch budget recommendation and the\nrecommended biennial highway construction plan to submit the six (6)\nyear road plan. The six (6) year road plan shall be submitted in a form\nand format cooperatively developed by the Transportation Cabinet and\nthe Ge neral Assembly and approved by the Legislative Research\nCommission; and\n(g) 1. In the executive branch budget recommendation, as a separate section,\nan amount sufficient to meet unexpected contingencies or emergencies,\nincluding but not limited to natural or man -made disasters, civil\ndisorders, court orders requiring or resulting in the expenditure of state\nfunds, or other related causes.\n2. The amount shall be based on the nature, type, and frequency of named\ncategories of events which may, from past exper ience, be reasonably\nanticipated.\n3. This portion of the budget recommendation shall detail similar incidents\nand the nature and amount of the expenditures for each during the ten\n(10) years immediately preceding.\nThe total amount of appropriations recommended from any fund shall not exceed\nthe cash resources estimated to be available and to become available to meet\nexpenditures under the appropriations;\n(7) A certificate of the branch of government as to the accuracy of the statements of\nfinancial condition, of income and receipts, and of expenditures; and\n(8) Such other information as is deemed desirable, or is required by law or regulation.","path":["KRS Chapter 48"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=53517","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:09Z","sha256":"7097dc873abce8012b10a38d140a14aa3304cd21edb63e2115060e30f18b875c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-48.100","next":"us-ky/krs-48.111"},"notice":"GroundRules: Original legal text. Not legal advice."}