Kentucky has a problem: Its school districts are running out of money.
The state has been in a fiscal crisis for months, and lawmakers are considering a range of options to shore up the finances.
The state’s budget woes have been so bad that Gov.
Matt Bevin has said he will use the state’s $1.5 billion surplus to build more than 1,000 new cars, according to The Tennessean.
In an interview with The Associated Press, Bevin said the money is needed for roads and schools, and the state has already invested $1 billion into the project.
Kentucky, like many states, has had a financial crisis for years, but it has managed to stay afloat through several measures.
In 2017, the state spent $10.6 billion in state funds, about 10 percent of the budget, to pay for the education of 1.4 million students, according a report by the Kentucky Budget and Policy Center.
The Kentucky Department of Education is in the midst of a budget crisis, and its $1,539 million surplus is just the tip of the iceberg.
The governor said he’s already spent about $300 million on a new $1 million-a-year contract with a car company.
The company is making its vehicles, and it will pay the state for each vehicle it produces.
The car manufacturer is using the money to make $5,000 cars that will cost the state about $600,000 to build, according an AP story.
The new vehicles will be a key part of the district’s plan to replace cars, teachers and students.
In the first year, more than $1m will go toward the new cars.
The school district will have to use the money for repairs and maintenance, including replacing damaged wheels, new paint and tires, replacing the roof and windows.
The cost of the cars will be about $2,200.
The district has had problems hiring teachers.
In 2015, it fired all but two teachers, leaving a teacher shortage that’s still hurting the district, according the AP.
And since then, more have left.
Kentuckians have spent more than half a trillion dollars on school supplies since 2001, according data from the U.S. Census Bureau.