The Crime Victims Compensation Board as a payer of last resort is able to reimburse innocent crime victims up to $30,000 for their medical expenses, lost wages that are not paid by any other source, and includes funeral expenses up to $7,500. Senate Bill 319 passed in the 2024 Regular Session, effective July 15, 2024, increases the total maximum award from $30,000 to $50,000, increases funeral expenses up to $10,000 and expands other types of costs that can be reimbursed. The Commission receives an allocation of 3.4 % of the state court cost fees and pursuant to KRS 186.574 receives 5.7% of the $30 fee from county attorney's traffic safety programs.

Pursuant to KRS 216B.400 and KRS 49, the Crime Victims Compensation Board is responsible for paying health care providers and facilities for sexual assault examinations. The Commission receives federal funding from the Victims of Crime Act (VOCA) matching grant at 60% based on prior year claims from General and Restricted Funds.

The Governor's budget includes additional funding in the amount of $30,700 in fiscal year 2027 and $63,100 in fiscal year 2028 to fund a 2% salary increment in fiscal year 2027 and an additional 2% in fiscal year 2028. The General Fund portion is $16,900 and $34,700, respectively.