FRANKFORT, Ky. (WKYT)- Governor Matt Bevin is ordering most state agencies to cut their budgets by 1.3%.
On Thursday, Bevin ordered a cut in spending by $158 million following a prediction by economists who say the state will face a $156 million shortfall in the 2018 fiscal year.
The 1.3% cut for the current fiscal year will not apply to certain agencies including K-12 education along with Kentucky and teacher retirement systems.
State Budget Director John Chilton warns that there could be cuts to education spending next fiscal year unless new revenue is found.
The current fiscal year ends June 30.