department for local government - PowerPoint PPT Presentation


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65%-35% Term Ending Restriction on Spending. KRS 68.310 Limit of Expenditures for First Half of Each Fourth Year. Except in case of an emergency concerning which the county judge/executive, the fiscal court and the State Local Finance Officer unanimously agree in writing, and, except for encumbrances or expenditures from the county road fund, no county shall, beginning with the fiscal year 1998-1999, encumber or expend more than sixty-five percent (65%) in any fund budgeted for that fiscal9450

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