Energy and Environment Environmental Protection Petroleum Storage Tank Environmental Assurance Fund
Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
Restricted Funds
Balance Forward26,689,54144,174,99263,314,30074,403,20084,529,300
Current Receipts2,151,9732,666,5922,577,5002,577,5002,577,500
Non-Revenue Receipts37,864,48040,402,32638,089,40037,749,30037,543,200
Total Restricted Funds66,705,99387,243,909103,981,200114,730,000124,650,000
TOTAL SOURCE OF FUNDS66,705,99387,243,909103,981,200114,730,000124,650,000
EXPENDITURES BY CLASS
Personnel Costs8,638,6348,687,5609,024,4008,789,6008,977,400
Operating Expenses11,625,8789,595,81016,096,90016,724,10016,872,500
Capital Outlay1,491,4234,809,2704,456,7004,687,0004,502,000
Construction775,067836,932
TOTAL EXPENDITURES22,531,00223,929,57229,578,00030,200,70030,351,900
EXPENDITURES BY FUND SOURCE
Restricted Funds22,531,00223,929,57229,578,00030,200,70030,351,900
TOTAL EXPENDITURES22,531,00223,929,57229,578,00030,200,70030,351,900
The Petroleum Storage Tank Environmental Assurance Fund, pursuant to KRS Chapter 224.60, assists owners and operators of underground storage tanks to meet federal environmental mandates and provides reimbursement for eligible clean-up costs and third party damages in the event of a release into the environment. Pursuant to KRS 224.60-130, the Petroleum Storage Tank Environmental Assurance Fund is managed by the Division of Waste Management within the Department for Environmental Protection.