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Kentucky Revised Statutes

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Statutes Last Updated July 23, 2012

Includes Enactments through the 2012 Extraordinary Session
This page was produced on 7/24/2012 at 8:48:51 AM

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KRS Chapter 048.00

  • .005   Public accountability for funds or assets recovered by duly elected statewide constitutional officers through judgment or settlement -- Applicability of Open Records and Open Meetings Laws -- Administration and disbursement of trust funds or assets by Office of the Controller -- Exceptions -- Costs of litigation -- Limitation regarding constitutional challenge.

  • .010   Definitions for chapter.

  • .020   Continuous financial planning.

    • Pre-Session Preparation of Requests

  • .030   Preparation of branch budget recommendations -- Legislative assistance to judicial branch.

  • .040   Budget forms -- Executive branch assistance in preparation of budgets.

  • .050   Submission of budget unit requests.

  • .060   Governor-elect and statewide constitutional officers-elect to be informed.

    • Branch Budget Recommendations

  • .100   Submission of branch budget recommendations.

  • .110   Contents of branch budget recommendations.

  • .111   Governor to include in executive budget recommendation a recommended program for rental of space costing more than $200,000 annually -- Restriction on certain leases -- Exception.

  • .112   Repealed, 2012.

  • .115   Planning report, preliminary revenue estimates, and official revenue estimates required by KRS 48.120 to be developed by consensus forecasting group -- Revision of official revenue estimates -- Threshold for implementation of enacted budget reduction plan.

  • .117   Repealed, 2009

  • .120   Budget planning report and preliminary and official revenue estimates to be provided by Office of State Budget Director -- Appropriations to be based on official revenue estimates.

  • .130   Budget reduction plan for revenue shortfall of five percent or less to be included in each enacted branch budget bill -- Shortfalls over five percent require legislative action.

  • .140   Surplus expenditure plan to be included in each enacted branch budget bill -- Surplus in excess of two and one-half percent to accrue to surplus account.

  • .150   Appropriations to address unexpected emergencies and contingencies.

  • .160   State matching for federal funds.

  • .165   Restrictions as to "necessary government expense" or items without specified dollar amounts.

  • .170   Additional information.

  • .180   Financial information submitted as part of executive branch budget request.

  • .185   Area development fund recommendations.

  • .190   Repealed, 2009.

  • .192   Commonwealth postsecondary prepaid tuition trust fund recommendations.

  • .195   Financial information on salaries and on filing fees and costs to be submitted as part of the judicial branch budget recommendation -- Treatment of salaries in judicial branch budget bill.

    • In-Session Procedure

  • .200   Printing of budget recommendations -- Copies for General Assembly members and clerks.

  • .210   Assistance to General Assembly by representatives of each branch of government.

  • .300   Adoption of branch budget bills -- Separate branch budget bill required for Transportation Cabinet -- Enactment of biennial highway construction plan.

  • .310   Operation of budget bill.

  • .311   Structure of branch budget bills -- Severability of provisions.

  • .312   Duplicate appropriations.

  • .313   Status of totals and subtotals -- Priority of individual appropriations -- Correction of erroneous totals and subtotals.

  • .315   Transfer of agency, special, and other funds to general fund in budget bill.

  • .316   Temporary suspension or modification of statutory provisions due to conflict with provisions of budget bill.

    • Monitoring and Revision of Budget

  • .400   Office of State Budget Director to monitor financial condition of Commonwealth -- Quarterly reports -- Notification of actual or anticipated surplus or decrease in tax receipts.

  • .500   Interpretation of branch budget bills -- Legislative review.

  • .600   Appropriation reductions in accordance with budget reduction plans upon actual or official revenue estimate shortfall of five percent or less.

  • .605   Revision of allotments within appropriations.

  • .610   Schedule of quarterly allotments of appropriations.

  • .620   Revision of allotment schedule.

  • .630   Allotment of unbudgeted appropriation -- Legislative committee review -- Use of unanticipated restricted or federal funds -- Exemptions.

  • .700   General fund -- Surplus fund account.

  • .705   General fund -- Budget reserve trust fund account.

  • .710   Road fund -- Surplus fund account.

  • .720   Lapse of appropriated general or road fund debt service for canceled projects and excess amounts.

  • .730   Required notifications by state agency when declining entitlement to federal funds.

  • .800   Fiscal reporting to branches of government -- Annual financial and program status reports.

  • .810   Strategic plan -- Progress report -- Methodology -- Training course -- Electronic database.

    • Automated Central Budget Information System

  • .950   Continuous budget information system -- Contents -- Responsibility for.

  • .955   System to be prescribed by Legislative Research Commission -- Data germane to appropriations to be included -- Schedule for transmission of information -- Availability of data -- Reports.

  • .960   Conflicting provisions superseded -- Electronic imprint data as additional data -- Ownership of data.

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