FY 2009-10 Budget and Grant Continuation Information

As a reminder, KYAE’s General Fund (state) appropriation for fiscal year 2008-09 was reduced six percent ($1.5 million) in the FY 2008-10 biennial budget. As a result, the Core Services funding formula was calculated with the six percent reduction to establish the FY 2008-09 Core Services Revised Base. KYAE supported the reduction in FY 2008-09 with Federal Carry Forward (non-recurring) funds.  This support enabled programs and services to continue at the FY 2007-08 funding level in the current fiscal year.

In December, 2008 we communicated that KYAE had been asked to prepare a budget reduction plan of 4% ($941,000) in the current fiscal year. This reduction was recently enacted. KYAE will also support this reduction with Federal Carry Forward (non-recurring) funds. The aforementioned budget reductions of $1.5 million and $941,000 (total $2,441,000 for the current fiscal year) are recurring and impact the FY 2009-10 budget as well. Additionally, KYAE will support the $2.4 million recurring reduction in FY 2009-10.

Click here for the FY 2009-10 county appropriations.

As you develop your FY 2009-10 budget, all efforts should be made to budget recurring costs within the FY 2009-10 Core Services Revised Base amount rather than the Total FY 2009-10 Core Services amount, as the revised base will be the county funding formula allocation once non-recurring funds are no longer available to support the difference.

If you have questions about the fiscal year 2009-10 budget, please contact Terry Pruitt at Terry.Pruitt@ky.gov or at (502) 573-1555, ext. 247.

FY 2009-10 Grant Continuation Forms

Grant renewal forms for the 2009-10 fiscal year are now available on KYAE’s Web site.   The deadline for submission is 4:30 p.m. May  29, 2009.

If you have questions about grant continuation, please contact David Walters at David.Walters@ky.gov or at (502) 573-5114, ext. 122.