How Kentucky’s rainy day fund showered nearly $2 billion on towns and counties

Kentucky lawmakers directed more than $1.7 billion from the state’s “rainy day fund,” to one-time spending projects across the state.

By: McKenna Horsley

Outlets: Kentucky Lantern

Published: June 22, 2026

Words: 2,547

Last Updated: 3 weeks, 1 day ago


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The Republican-controlled Kentucky General Assembly backed a multitude of one-time spending projects this year — $5 million for the Louisville Zoo to build a trail system, $11 million to construct a convention center in Frankfort, millions to help small counties and cities restore or replace aging water systems.

Those are just pieces of House Bill 900, which directs more than $1.7 billion from the state’s “rainy day fund,” or the budget reserve …