What you need to know Northern Kentucky University’s most recent financial audit showed a budget surplus of roughly $3.3 million in fiscal year 2025, about two and a half years after the university suffered a $24 million deficit. Additionally, said CFO Chris Calvert, the university sported $7.3 million in positive cash flow in fiscal year […]
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Boone County declares equipment, vehicles surplus
The Boone County Fiscal Court has declared equipment and vehicles that are no longer serviceable as surplus. “I would like the court to declare various county-owned equipment and vehicles as surplus,” Boone County Assistant County Administrator/County Engineer Rob Franxman said. “This request includes four sheriff’s department vehicles, two public works vehicles, one vehicle each from property […]
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Kentucky reports another record surplus. Will it lead to a third income tax cut?
Written by Liam Niemeyer for Kentucky Lantern Kentucky brought in a record $15.1 billion in general fund tax revenue during the last fiscal year — the most ever — buoyed by a strong jobs market, increasing salaries and wages and continued industry profits, the state budget director’s office announced Monday. Revenue in fiscal year 2023 […]