ColumbiaMagazine.com
Printed from:

Welcome to Columbia Magazine  
 



































 
Ag Department presents KY Treasury with $1.65 million

The amount represents proceeds from the auction of equipment from the Kentucky Department of Agriculture's former motor fuel and pesticide testing laboratory. Commissioner Comer closed the lab earlier this year after finding that it was hemorrhaging some $900,000 per year
Click on headline for complete story with photo(s)

News from the KY Department of Agriculture

LOUISVILLE, KY - Agriculture Commissioner James Comer presented a check for $1.65 million to Kentucky State Treasurer Todd Hollenbach for deposit into the Commonwealth's General Fund on Monday, November 18, 2013.



The amount represents proceeds from the auction of equipment from the Kentucky Department of Agriculture's former motor fuel and pesticide testing laboratory. Commissioner Comer closed the lab earlier this year after finding that it was hemorrhaging some $900,000 per year.

"I am pleased that we were able to recoup the state's investment in the failed fuel lab project and return these funds to the taxpayers of Kentucky," Commissioner Comer said. "Taxpayer dollars are a sacred trust, and my administration is dedicated to spending them wisely and giving back where appropriate."

Commissioner Comer was inspired by U.S. Sen. Rand Paul to conduct a check presentation to demonstrate proper stewardship of taxpayer dollars and show in concrete terms how he has turned the department around in less than two years. Commissioner Comer asked Sen. Paul to join him for the check presentation.

"I've given more than $1 million back to the federal government, and I am pleased to see Commissioner Comer return this earmark to the Commonwealth of Kentucky," Sen. Paul said. "I hope the leadership shown by Commissioner Comer can be replicated all across the country."

In accepting the check on behalf of the Commonwealth of Kentucky, Treasurer Hollenbach said: "Good financial stewardship of public resources is important at every level of government. The return of this money symbolically turns a lemon into lemonade. On behalf of the citizens of the Commonwealth, I say, 'Thank you.'"

Comer closed the fuel lab in March, terminated all but one of the employees who staffed the lab, and privatized the state's motor fuel testing, saving the state treasury an estimated $600,000 a year. At his request, the state Finance and Administration Cabinet auctioned the lab equipment in September, recovering $2.14 million in the two-day sale - more than the original value of the equipment.



This story was posted on 2013-11-19 04:06:14
Printable: this page is now automatically formatted for printing.
Have comments or corrections for this story? Use our contact form and let us know.



Farm/Garden: Ag Department presents $1.65 million check



2013-11-19 - Louisville, KY - Photo Kentucky Department of Agriculture Check.
Agriculture Commissioner James Comer presented a check for $1.65 million to Kentucky State Treasurer Todd Hollenbach for deposit into the Commonwealth’s General Fund on Monday, November 18, 2013. From left, U.S. Sen. Rand Paul, Kentucky State Treasurer Todd Hollenbach, and state Agriculture Commissioner James Comer with the commemorative check. -Kentucky Department of Agriculture

Read More... | Comments? | Click here to share, print, or bookmark this photo.



 

































 
 
Quick Links to Popular Features


Looking for a story or picture?
Try our Photo Archive or our Stories Archive for all the information that's appeared on ColumbiaMagazine.com.

 

Contact us: Columbia Magazine and columbiamagazine.com are published by Linda Waggener and Pen Waggener, PO Box 906, Columbia, KY 42728.
Phone: 270.403.0017


Please use our contact page, or send questions about technical issues with this site to webmaster@columbiamagazine.com. All logos and trademarks used on this site are property of their respective owners. All comments remain the property and responsibility of their posters, all articles and photos remain the property of their creators, and all the rest is copyright 1995-Present by Columbia Magazine. Privacy policy: use of this site requires no sharing of information. Voluntarily shared information may be published and made available to the public on this site and/or stored electronically. Anonymous submissions will be subject to additional verification. Cookies are not required to use our site. However, if you have cookies enabled in your web browser, some of our advertisers may use cookies for interest-based advertising across multiple domains. For more information about third-party advertising, visit the NAI web privacy site.