KY · constitutions
Ky. Const. § 157B
Adoption of budget required for cities, counties, and taxing districts -- Expenditures not to exceed revenues for fiscal year
Prior to each fiscal year, the legislative body of each city, county, and taxing district shall adopt a budget showing total expected revenues and expenditures for the fiscal year. No city, county, or taxing district shall expend any funds in any fiscal year in excess of the revenues for that fiscal year. A city, county, or taxing district may amend its budget for a fiscal year, but the revised expenditures may not exceed the revised revenues. As used in this section, "revenues" shall mean all income from every source, including unencumbered reserves carried over from the previous fiscal year, and "expenditures" shall mean all funds to be paid out for expenses of the city, county, or taxing district during the fiscal year, including amounts necessary to pay the principal and interest due during the fiscal year on any debt.
History
Text as Ratified on: November 8, 1994. History: Creation proposed by 1994 Ky. Acts ch. 168, sec. 3.
Provenance
- Source
- apps.legislature.ky.gov
- Retrieved
- 2026-09-25
- Edition
- 2026-09-25
- Content hash
557d412c6eb66e6c61daa914f3fcbe8eb375f27fe94a5dd7463eaf5f15e3796b
The link goes to the issuing authority’s own document — the one we read to produce this record. Where a source publishes whole titles rather than sections, your browser may need a moment to jump to the provision.
Unofficial copy of government-published law, reproduced from official sources with full provenance. Not an official publication; verify against official sources before relying on it in a filing. Records in the 'guidance' corpus, and only that corpus, are sub-regulatory (interpretive guidelines, survey procedures) and are not binding law. Validity bounds follow each jurisdiction's declared temporalBasis.