Where does the money go?
Q&A Budget The following question was asked at our June 11, 2015 public listening session at Kentucky Dam Village State Resort Park. Where does the money go? Funding – Budget Our annual operating budget in fiscal year 2014 was approximately $12.3 million: $8.1 million in federal appropriations and $4.2 million in retained receipts. Budget Structure The budget structure determined by Congress for Land Between The Lakes provides two sources of annual funding: 1) An appropriated amount and 2) retained receipts also known as revenue. By design, one-third of all annual costs are covered by revenue in order for Land…
