Ky ends fiscal year with budget surplus, but there's a catch

By Tony McVeigh

http://stream.publicbroadcasting.net/production/mp3/wkyu/local-wkyu-607053.mp3

Frankfort, Ky – For the fourth consecutive time, Kentucky has ended another fiscal year with a state budget surplus. But the chairman of the House budget committee says the surplus isn't real when you take into account state pension fund deficits and other long-term fiscal needs.

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