Tourism, Arts and Heritage Horse Park Commission
Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
General Fund
Regular Appropriation2,411,2002,389,1002,383,7001,631,8001,667,200
State Salary and Compensation Allocation70,700
Budget Reduction-General Fund(71,500)
Total General Fund2,481,9002,389,1002,312,2001,631,8001,667,200
Restricted Funds
Balance Forward4,133,4955,518,4874,290,0005,083,4007,049,400
Current Receipts13,205,94313,651,81813,650,80014,717,30014,920,700
Non-Revenue Receipts49,01149,14549,20049,20049,200
Total Restricted Funds17,388,44919,219,45117,990,00019,849,90022,019,300
Federal Fund
Balance Forward(2,509)(32,050)(1,626)
Current Receipts156,29048,4111,626
Total Federal Fund153,78116,360
TOTAL SOURCE OF FUNDS20,024,13021,624,91120,302,20021,481,70023,686,500
EXPENDITURES BY CLASS
Personnel Costs9,136,1859,737,0179,596,8009,311,5009,508,400
Operating Expenses5,087,4607,394,5235,622,0005,120,8005,120,800
Grants Loans Benefits64,803(17,625)
Debt Service252,42563,000
Capital Outlay(3,179)159,672
TOTAL EXPENDITURES14,537,69317,336,58715,218,80014,432,30014,629,200
EXPENDITURES BY FUND SOURCE
General Fund2,481,9002,389,1002,312,2001,631,8001,667,200
Restricted Funds11,869,96214,929,50012,906,60012,800,50012,962,000
Federal Fund185,83117,987
TOTAL EXPENDITURES14,537,69317,336,58715,218,80014,432,30014,629,200
EXPENDITURES BY UNIT
Kentucky Horse Park14,537,69317,336,58715,218,80014,432,30014,629,200
TOTAL EXPENDITURES14,537,69317,336,58715,218,80014,432,30014,629,200

The Kentucky Horse Park (KRS 148.260) is comprised of 1,224 acres on which are situated over 111 structures, 40 miles of fencing and 260 campsites. Horse Park programs consist primarily of four main functions:

Equine Theme Park - The central area of the park contains tourist activities that include the Visitor Information Center, International Museum of the Horse, gift shop, restaurant, Parade of Breeds and Hall of Champions shows, Kids Barn, Mounted Police Barn, horseback riding, horse drawn tours, and other activities. Equine Theme Park activities generate $3.5 million in annual revenue.