2012 Fiscal Year Surplus

Mayor Jim Gray wants to see $2M of Lexington’s budget surplus placed into a Jobs Fund.

LEXINGTON, Ky. - Thursday the Urban County Council will decide how $2M in surplus funds should be spent.

FRANKFORT, Ky. -- Kentucky had a surplus of about $46 million to the 2011-12 fiscal year and officials say revenue trends are looking up for the current two-year budget cycle.