Yesterday, the Office of the State Budget Director, John Chilton, sent out the press release linked below, indicating that General Fund receipts fell 0.3 percent and that Road Fund receipts fell 5.7 percent in the month of June.

As we head toward an anticipated special session to address pension reforms, and move closer to the 2018 Regular Session when we'll write Kentucky's biennial budget, the fiscal position of the Commonwealth continues to be precarious.  Difficult decisions lie ahead.