Kentucky must provide state support for education to get the federal fiscal stabilization funds. More exactly, Governor Beshear must give an assurance that state support for P-12 education for fiscal years 2009, 2010, and 2011 will match the funding given in fiscal 2006. The numbers below reflect my starting sense of what should count toward that requirement.
That's my starting sense, but there may be some debate on the issue, First, I've shown only general fund dollars, but there may be a case that tobacco settlement and restricted funds should be added to the totals. I've included the separate KTRS line for money the state is paying in for past employees and to repay past borrowing, and there may be an argument that it should not as support for current education. Naturally, there may also be other issues I haven't spotted yet.
(Source: Here, you can download state budget documents with the numbers above. The FY 2006 numbers are taken from the 2006-08 budget in order to reflect cuts after the original was adopted. The 2009 and 2010 numbers reflect the budget adopted last year.)