Monday, February 08, 2010
Pike County Budget
KENTUCKY...
Recently, District Six Magistrate Chris Harris was in Lexington while attending two days of meetings concerning the state’s finances. Harris said, while the state faces a $1.5 billion budget shortfall, thanks to careful planning by the Pike County Fiscal Court, the county is not facing such dire circumstances. Throughout the year, Pike County receives money in four installments. Three already received should amount to 75% of the total budget. However, only 73.5% of the planned funds have been received by the county. Harris says the shortage is attributed to a downturn in mineral severance tax.
Recently, District Six Magistrate Chris Harris was in Lexington while attending two days of meetings concerning the state’s finances. Harris said, while the state faces a $1.5 billion budget shortfall, thanks to careful planning by the Pike County Fiscal Court, the county is not facing such dire circumstances. Throughout the year, Pike County receives money in four installments. Three already received should amount to 75% of the total budget. However, only 73.5% of the planned funds have been received by the county. Harris says the shortage is attributed to a downturn in mineral severance tax.
# posted by Homer Owens @ 4:17 PM 
