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U.S. State15th State � June 1, 1792
Kentucky State Flag

Kentucky KY

"The Bluegrass State"

Where thoroughbred horses run through rolling green pastures, bourbon ages in oak barrels, and two Civil War presidents share a birthplace, Kentucky is one of America's most distinctly American states.

Kentucky state finances at a glance

State Debt - FY2024

$10.1 billion

Total state government debt outstanding at the close of fiscal 2024, including long-term bonds and short-term borrowing across state agencies and public universities.

Tax Revenue - FY2024

$17.3 billion

Total Kentucky state tax collections in fiscal 2024, led by the general sales and use tax ($5.8B) and the individual income tax ($5.0B).

Borrowing

Kentucky's constitution caps direct state debt at $500,000 without a statewide vote, so almost all borrowing is done through appropriation-backed bonds issued by bodies such as the State Property and Buildings Commission, the Turnpike Authority, and public universities. Those bonds are sold to investors, banks, mutual funds, and insurers in the tax-exempt municipal market and repaid from future legislative appropriations. The state reported about $141 million in interest on its debt in fiscal 2024.

Source: U.S. Census Bureau, 2024 Annual Survey of State Government Finances.

4.6M
Population
15th
State (1792)
95%
World's Bourbon
400+mi
Mammoth Cave

About Kentucky

The name Kentucky comes from an Iroquoian word whose exact meaning has been debated for centuries. The most common translation offered is "dark and bloody ground," though linguists have questioned this interpretation. Other proposed meanings include "land of tomorrow," "meadowland," "at the head of the river," and "prairie." The name was recorded by European explorers in the 1700s for the river that cuts through the region, and the territory took the river's name when it became a state in 1792. Kentucky was the first state carved out of territory west of the Appalachian Mountains, and its admission as the 15th state in 1792 marked the beginning of American westward expansion beyond the original coastal colonies.

Kentucky sits at the crossroads of the American South and Midwest. Bordered by seven states and the Ohio River to the north, it has always been a place where different cultures, landscapes, and loyalties meet. That tension , between North and South, tradition and progress, rural and urban, defines much of what makes Kentucky unique.

The state is famous worldwide for three things above almost everything else: bourbon whiskey, thoroughbred horse racing, and the Kentucky Derby. But there's far more here, from the Appalachian mountains in the east, to the world's longest cave system at Mammoth Cave, to two of America's most consequential presidents sharing a birthplace less than 100 miles apart.

Kentucky became the 15th state in 1792, making it the first state admitted west of the Appalachian Mountains. It has been shaping American history, and American culture , ever since.

Thoroughbred horses grazing on a Kentucky Bluegrass farm with white fences

Kentucky's Five Regions

Thoroughbred horses grazing in a lush green bluegrass pasture on a Kentucky horse farm with white rail fencing

Economy

Kentucky's economy blends deep-rooted traditions like bourbon and horses with modern manufacturing and healthcare.

Rows of aging bourbon barrels in a Kentucky distillery rickhouse