By Pam Thomas January 14, 2019 Over the past few years, there has been much discussion about the need for additional resources to support Kentucky’s crumbling transportation infrastructure. The funding hole that currently exists becomes even deeper at the end of fiscal year 2020 when the Transportation Cabinet estimates that all of Kentucky’s available federal toll credits – a resource the state has used to match and bring in federal transportation grant money – will be gone. A bill filed in the 2018 General Assembly provides a way forward. Current Resources Available to Support Kentucky’s Transportation Infrastructure Are Woefully Inadequate State funding for roads, bridges and other transportation infrastructure comes primarily from the Road Fund, which has suffered from declining … Read More
From the River City News: As leaders of Kentucky’s three largest commercial service airports, we understand that infrastructure investment is critical to our state’s continued economic success. Our airports are critical infrastructure assets to Kentucky, supporting more than 100,000 jobs and creating a $13 billion impact for the Commonwealth and the Louisville, Lexington, and Northern Kentucky regions. Growth will only continue if we appreciate the need to invest in airports, as well as provide funding for infrastructure that is in and around airports, such as highways, roads, and bridges. Infrastructure, and the ability it provides to connect locally and internationally, is a key driver for businesses that are considering to expand in or relocate to our state. Businesses make location … Read More
A January 2018 report from the American Trucking Association showed more than 70 percent of goods consumed in the U.S. are moved by truck. That’s a problem because there is a tremendous shortage of truck drivers in the U.S. – about 300,000, according to Bloomberg. Kentucky is feeling the pinch as well, and with more than 13,000 trucking companies in the Commonwealth, that means jobs are plentiful. Best of all, driving a commercial vehicle pays well. The Kentucky Trucking Association reports in 2016, total trucking industry wages paid in Kentucky exceeded $5 billion with an average annual trucking industry salary of $44,843. “Eighty-nine point two percent of Kentucky communities solely rely on trucking to deliver their goods,” Kentucky Trucking Association … Read More
By Hannah Carver NKyTribune reporter The special legislative session called by Governor Matt Bevin to address the state’s pension issue was on the minds of many Kentuckians recently — including Northern Kentucky Chamber of Commerce President & CEO Brent Cooper’s. “Right now, we’re concerned about the pension situation and the credit rating for the state. That has real-world implications and costs. That has to be figured out. It has to be addressed,” Cooper said last Tuesday, before the session was over. “Whatever happens in the special session will have implications for the General Assembly in January.” Of course, Cooper is already thinking beyond the failed special session, advocating for what he hopes to see pass in the 2019 General Assembly, … Read More
By TOM LATEK, Kentucky Today COVINGTON, Ky. (KT) – A proposal for an outer loop around Northern Kentucky, which was first floated in the 1990s, is being revived. The Kentucky Transportation Cabinet has launched a new website to gather public comment regarding new transportation options for those who travel throughout Northern Kentucky. The Northern Kentucky Outer Loop Study will examine potential alternatives for new transportation connections in the southern portions of Boone, Kenton and Campbell counties, as well as the northern portions of Gallatin, Owen, Grant, Pendleton and Bracken counties, specifically potential east-west alternatives that connect I-71 and the AA Highway (KY 9). “The public will play a critical role in the KYTC study process by reviewing our early information … Read More
LOUISVILLE, KY. — The federal government has awarded almost $60 million for transportation projects in Kentucky. U.S. Transportation Secretary Elaine Chao announced the funding Tuesday. The grants are part of $1.5 billion appropriated for the program and are intended to improve safety at the locations. The grants include $25 million to Pulaski County to replace the Kentucky 80/Kentucky 461 intersection and the Valley Oak Drive-Coin Road intersection. Also, $23 million goes to Calloway County to add two lanes and shoulders along almost 6 miles (9.6 kilometers) of U.S. 641. The third grant is $11.5 million and goes to help the Owensboro Riverport Authority widen and improve almost 3 miles (4.8 kilometers) of Kentucky 331/Industrial Drive and Rinaldo Road. Read more here.
EDITORIAL From The Advocate-Messenger You won’t find elected officials publicly supporting the idea of higher taxes very often. But in the case of Kentucky’s gas tax, the Boyle County Fiscal Court is doing just that. And we think that’s the right position to take. The amount of revenue available to maintain Kentucky’s roads has been depressingly low for a long time. All around the state, roads, bridges and transportation infrastructure gets repaired too slowly or not at all — and that’s only going to get worse with gas prices as low as they are now. You might think you only feel the impacts of poor road funding in the shocks of your car when you drive over potholes, but bumpy … Read More