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Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details 
  
Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig 
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Adair to receive $42K in excess LGEAF revenue By Nicole Burton Frankfort, KY - Gov. Matt Bevin today announced that more than $15 million in excess coal severance tax revenue will be allocated to 49 counties and 122 municipalities that qualify to receive funds from the Local Government Economic Assistance Fund (LGEAF) coal severance program. As an Impact County, Adair will receive $42,264.44 from the program. The City of Columbia should receive $4,696.05. The LGEAF is a program of revenue sharing for Kentucky counties and cities. The LGEAF returns a portion of state collected coal and non-coal mineral severance taxes to eligible local governments in accordance with KRS 42.450 - KRS 42.495. Eligibility in the LGEAF coal severance program occurs if a county is a coal "producer" or if there is significant transportation of coal through the county ("impact county"). The status of all counties is evaluated quarterly. LGEA Funds can be used by local governments to address needs in the following priority categories: public safety, environmental protection, public transportation, health, recreation, libraries and educational facilities, social services, industrial and economic development, and workforce training. More information about the Coal Development Branch is available at https://kydlgweb.ky.gov/StateGrants/16_Coal.cfm. Enacted by the 2018 General Assembly, HB 200 (as amended by HB 265) directs that if actual coal severance tax revenue collected for the fiscal year exceeds the official estimate provided by the Office of the State Budget Director (OSBD), 100 percent of the excess revenue shall be allocated to the LGEAF coal severance program. Actual revenue collected for FY 2019 exceeded the official projection from OSBD by over $15 million. The annual projection for FY 2019 coal severance tax revenue was $77,900,000. Actual revenue collected was $92,906,946.91--an excess of $15,006,946.91. This excess distribution is more than the LGEAF program distributed in FY 2019 ($11,055,931.71) to eligible counties and cities. "We are excited to announce more than $15 million in additional coal severance funding that will be returning to Kentucky counties and cities," said Gov. Bevin. "I am grateful to our state legislators who helped us ensure that 100 percent of excess coal severance revenue is directed back to our local governments. These extra LGEA funds will enable cities and counties to bolster public safety, economic development, critical infrastructure, and other vital community needs." This story was posted on 2019-08-05 11:53:14
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