General Government Treasury
Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
General Fund
Regular Appropriation3,520,0003,709,7003,672,0003,437,2003,500,000
State Salary and Compensation
Allocation93,70017,30025,900
Total General Fund3,613,7003,727,0003,697,9003,437,2003,500,000
Restricted Funds
Balance Forward374,186536,215338,300335,800354,000
Current Receipts17,7801,525
Non-Revenue Receipts1,532,8001,594,7002,159,6002,159,6002,159,600
Total Restricted Funds1,924,7662,132,4402,497,9002,495,4002,513,600
Federal Fund
Balance Forward197,96272,045221,800221,800215,000
Current Receipts1,188,1381,276,0101,211,4001,199,9001,207,900
Total Federal Fund1,386,0991,348,0541,433,2001,421,7001,422,900
TOTAL SOURCE OF FUNDS6,924,5657,207,4957,629,0007,354,3007,436,500
EXPENDITURES BY CLASS
Personnel Costs3,456,5133,951,3814,717,7004,449,4004,526,800
Operating Expenses1,134,4771,296,6601,565,9001,562,3001,561,800
Grants Loans Benefits865,595705,235737,400732,700742,100
Capital Outlay80,423116,13950,40040,90041,400
TOTAL EXPENDITURES5,537,0086,069,4157,071,4006,785,3006,872,100
EXPENDITURES BY FUND SOURCE
General Fund2,834,4033,148,9973,697,9003,437,2003,500,000
Restricted Funds1,388,5501,794,1792,162,1002,141,4002,165,400
Federal Fund1,314,0551,126,2391,211,4001,206,7001,206,700
TOTAL EXPENDITURES5,537,0086,069,4157,071,4006,785,3006,872,100
EXPENDITURES BY UNIT
General Administration and Support1,734,6991,926,4582,380,4002,178,5002,214,400
Disbursements and Accounting907,4051,032,9391,125,1001,067,6001,092,800
Abandoned Property Administration1,388,5501,794,1792,162,1002,140,9002,164,500
Commonwealth Council on Developmental Disabilities1,506,3551,315,8391,403,8001,398,3001,400,400
TOTAL EXPENDITURES5,537,0086,069,4157,071,4006,785,3006,872,100
The Treasury Department is the central administrative agency responsible for the receipt and custody of all revenues collected by state government and for writing all checks and disbursing state funds, as outlined in KRS Chapter 41.
The State Treasurer, a constitutional officer as provided in Section 91 of the Kentucky Constitution, heads the Treasury Department. The Treasurer also serves on the Kentucky Lottery Board, the Kentucky Higher Education Assistance Board, as trustee of the Kentucky Teachers' Retirement System, the Deferred Compensation Authority, as Chair of the Kentucky Financial Empowerment Commission, and is Vice-Chair of the State Investment Commission. The Treasury Department is also responsible for administering the federal “Achieving a Better Life Experience”, or STABLE, Kentucky program and provides administrative services to the Commonwealth Council on Developmental Disabilities, including the drawdown of federal funds. The Treasury Department reviews and records all investment transactions of the Commonwealth.
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