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“I think that cap, if there is some cap, needs to also have an inflationary increase as well—That’s the kind of thing I think the county judge-executives and KACo (Kentucky Association of Counties) would probably be interested in working with together,” Du Plessis said. Steve Riggs, D-Louisville, said the committee needs a simplistic, written definition of the Fifths Formula and other pertinent information from KLC, which KLC Deputy Executive Director J. Previous KLC road fund proposals had considered taking some of revenue sharing dollars away from the counties and reallocating it to cities, he reminded lawmakers.Senate Majority Floor Leader Damon Thayer, R-Georgetown, asked what percentage of city road budgets KLC hopes to fund with state road dollars.
So you have no growth in customer base and a decline per capita in consumption.” The solution is for utilities to receive grants or borrow money to cover infrastructure maintenance and operations, said Goodmann.Now that coal severance funds are drying up, Collins asked Goodmann about specific grants and loans available to communities.Goodmann said low-interest loans through state revolving loan funds, federal Community Development Block Grant (CDBG) money and some rural development loans and grants are “the big three” to help with water needs.With over $100-plus million in maintenance needs at Kentucky’s state parks, public-private partnerships, known as P3s, are expected to help reduce the parks’ deferred maintenance while employing a strict system of check and balances built into HB 309, said Tourism, Arts and Heritage Cabinet General Counsel Leigh Powers. We’re finding ways to make them better,” said Powers.The framework for P3s proposals, both solicited by agencies and unsolicited, will ensure that “the Commonwealth gets what it bargained for,” she told lawmakers.The city had a total budget of $287,000 yet only received $5,837 in municipal road aid from the state to cover $41,730 in street repairs.
“Some years, in fact most years, we just can’t afford to do any street work.
Hubert Collins, D-Wittensville, said he remembers when only around 50 percent of his home county of Johnson had access to water.
Today, around 95 percent of the county has water access—about the same percentage of total Kentuckians served by public water systems, said Goodmann—thanks to the availability of coal severance funding for water projects.
A handout provided by all three attorneys explained when P3s should be used and what considerations should be taken into account before approval for a P3 is given.
Some of those considerations include benefits gained or not gained, timeliness and risk.
The handling of unsolicited proposals—P3 proposals that are not sought by the state or local government agency and instead independently generated, for example—will also include a 30-day waiting period for the proposal and 90 days of public notice before further action can be taken, with procedures differing slightly for transportation projects.