© 2023 Louisville Public Media

Public Files:
89.3 WFPL · 90.5 WUOL-FM · 91.9 WFPK

For assistance accessing our public files, please contact info@lpm.org or call 502-814-6500
89.3 WFPL News | 90.5 WUOL Classical 91.9 WFPK Music | KyCIR Investigations
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

This Week In Conversation: How Will Coronavirus Hit State Coffers?

money
Ervins Strauhmanis/Creative Commons
/

Listen to the episode:

This Week In Conversation: How Will Coronavirus Hit State Coffers?

As Kentucky responds to the coronavirus pandemic, the state is expecting to receive less tax revenue as the result of shuttered businesses and a dropoff in consumer spending.

Thanks to the federal CARES Act, Kentucky will receive $1.6 billion to help prop up the state’s ailing coffers, but the state will inevitably see a drop in income and sales taxes as more residents lose their jobs and save their money.

State legislators have tried to adjust to the financial uncertainty by passing a one-year budget, allowing them to come back next year and pass a new spending plan.

For this special episode hosted by Kentucky Public Radio Capitol Bureau Chief Ryland Barton, In Conversation discusses how the decline in revenue could affect state services and residents who depend on them.

Tune in at noon Wednesday on 89.3 WFPL, or follow along with our live tweets at @WFPLnews. Call with your questions or comments at 502-814-TALK or tweet us with the hashtag #WFPLconversation. We’re also on Facebook.

Follow our ongoing coverage about the coronavirus through our live blog here.

 

Kyeland Jackson is an Associate Producer for WFPL News.