{"data":{"id":"us-ky/krs-68.310","jurisdiction":"us-ky","citation":"KRS 68.310","heading":"Limit of expenditures for first half of each fourth year.","body":"Except in case of an emergency concerning which the county judge/executive, the fiscal\ncourt and the state local finance officer unanimously agree in writing, and, except for\nencumbrances or expenditures from the county's road fund, no county shall, during  the\nfirst half of any fourth fiscal year, beginning with the fiscal year 1998 -1999, encumber or\nexpend more than sixty -five percent (65%) in any fund budgeted for that fiscal year, not\ncounting as current funds any budgetary allotments for or payments of principal and\ninterest of bonded indebtedness. Prior to encumbering or expending any funds from the\nroad fund during the first half of any fourth fiscal year which exceed sixty -five percent\n(65%) of the amount budgeted, the fiscal court shall assure that t here are sufficient funds\nremaining in the general fund to provide for the excess encumbrance or expenditure from\nthe road fund on a dollar for dollar basis. Those excess funds shall remain in the general\nfund until on or after January 1 of that fiscal year.","path":["KRS Chapter 68"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=24100","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:30Z","sha256":"055f1fd0e75bec107a070ac38203fc0fb2177b02a94618bc00169644bbad1855","source_id":"us-ky","stale":false,"prev":"us-ky/krs-68.300","next":"us-ky/krs-68.320"},"notice":"GroundRules: Original legal text. Not legal advice."}