Kentucky may end fiscal year with $279 million surplus

Here's a bit of good news:

Kentucky is on pace to finish this fiscal year with an extra $278.9 million, and Gov. Ernie Fletcher already has ideas on how to spend it.

Those ideas, Fletcher said Thursday at a news conference in the Capitol, include beefing up the state’s rainy-day fund for emergencies, providing more money for state retirement systems, revisiting some of the building projects he vetoed in this year’s legislative session, shoring up need-based tuition assistance to college students, and looking at more tax relief for Kentuckians.

Ernie: Please lower taxes and store the money away in a rainy-day fund. Forget about your other ideas because they're bad.