coal severance tax dollars http://wkms.org en Kentucky Coal Counties Take Issue with Severance Tax Distribution http://wkms.org/post/kentucky-coal-counties-take-issue-severance-tax-distribution <p></p><p>Coal counties receive a portion of coal severance revenue but several county officials say they aren’t getting enough. Webster County Judge Executive Jim Townsend says the state takes too much of the severance money to fund projects that are not in western or eastern Kentucky.</p><p><em>“I understand you’ve got to make your books balance and that but it doesn’t need to be taken away from the counties that are producing the coal,” he says. </em> Mon, 28 Oct 2013 11:30:00 +0000 Whitney Jones 36048 at http://wkms.org Kentucky Coal Counties Take Issue with Severance Tax Distribution Decreased Coal Severance Forces Hopkins Fiscal Court to Reorganize Budget http://wkms.org/post/decreased-coal-severance-forces-hopkins-fiscal-court-reorganize-budget <div><p><span style="line-height: 1.5;">A $700,000 shortfall in projected coal severance tax revenues is prompting the Hopkins County Fiscal Court to modify its plans to fund certain county construction projects.&nbsp;</span></p><p>Kentucky collects a severance tax on coal as it's removed from the ground and sends some of it to coal producing counties.&nbsp;</p> Tue, 09 Jul 2013 16:58:13 +0000 Rob Canning 32901 at http://wkms.org Decreased Coal Severance Forces Hopkins Fiscal Court to Reorganize Budget Kentucky's General Fund Revenue Increases in May http://wkms.org/post/kentuckys-general-fund-revenue-increases-may <p></p><p>The state's top budget official is reporting an 8.3 percent increase in General Fund revenue in May, largely thanks to improved collections from the sales tax, individual income taxes and property taxes.</p><p>Budget Director Jane Driskell released a monthly revenue report on Monday. The report showed property tax collections increased by 75.2 percent in May. Individual income tax receipts rose by 8.3 percent. And sales tax receipts were up 5.2 percent.</p><p> Mon, 10 Jun 2013 20:27:54 +0000 John Null & The Associated Press 31943 at http://wkms.org Kentucky's General Fund Revenue Increases in May Governor Concerned With Drop in Coal Severance Revenues http://wkms.org/post/governor-concerned-drop-coal-severance-revenues <p>A drop in coal severance tax revenues has several Kentucky leaders worried. Money from the tax on mined coal is used largely for state, county and city infrastructure projects, specifically in coal mining areas like Eastern Kentucky. House Speaker Greg Stumbo and Governor Steve Beshear say the significant drop in the tax revenue has caught their attention. Beshear says the decline is due to the tough domestic market for Kentucky coal. But he believes exports could cause a rebound. He points out that Kentucky interests recently struck a deal to send coal to India.</p> Thu, 27 Dec 2012 17:29:18 +0000 Kenny Colston (KPR) & Kenny 26138 at http://wkms.org Governor Concerned With Drop in Coal Severance Revenues Hopkins Co. Coal Severance Going Down http://wkms.org/post/hopkins-co-coal-severance-going-down <p></p><p>Hopkins County officials are bracing for a drop in coal severance tax funds following a slowdown in coal production over the next 18 months.</p><p>State officials are reporting a 26 percent drop in coal severance for the 2012-13 fiscal year, which began July 1. That could leave Hopkins County with $1 million less than the $4.05 million officials projected from 2012-2014. Mon, 24 Dec 2012 18:48:05 +0000 Angela Hatton & The Associated Press 26056 at http://wkms.org Hopkins Co. Coal Severance Going Down Earlington Lays Off Three City Workers http://wkms.org/post/earlington-lays-three-city-workers <p></p><p>The City of Earlington is temporarily laying off three of its Street Department workers effective Dec. 21 with another three possible in the coming weeks.&nbsp; The Madisonville Messenger reports the causes are a projected decrease in tax revenue and a delay in receiving coal severance funds. Earlington Mayor Mike Seiber says he made the decision to save the city $30,000 in order to offset the $40,000 decrease in projected property tax income. The city anticipates calling all of the laid-off workers back in six to eight weeks. Fri, 14 Dec 2012 14:26:32 +0000 Whitney Jones & The Madisonville Messenger 25691 at http://wkms.org Earlington Lays Off Three City Workers Coal Revenues Look Bleak http://wkms.org/post/coal-revenues-look-bleak <p></p><p>One of Governor Beshear&rsquo;s top economic advisors said Kentucky&rsquo;s coal industry should probably brace itself for a bad year. He said the outlook for&nbsp;this year leaves a lot to be desired.</p><p>&quot;We sort of got used to an upward trend in the last decade, but the foreseeable future for coal and the next three quarters, I&#39;m afraid are going to be decidingly negative,&quot; said Deputy Director Greg Harkenrider.</p> Mon, 30 Jul 2012 14:05:25 +0000 Heidi Couch & Dan Conti (KPR) 19929 at http://wkms.org Coal Revenues Look Bleak Afternoon Round-Up 5/31/12 http://wkms.org/post/afternoon-round-53112 <p><strong>Today on NPR: </strong>While &quot;<a href="http://www.npr.org/blogs/thetwo-way/2012/05/30/154004728/banned-in-idaho-five-wives-vodka-says-it-meant-no-offense">Five Wives Vodka</a>&quot; is made and sold in Utah, officials in Idaho have decided its name and label might offend both Mormons and women.</p><p><strong>Four Rivers Region:</strong></p><p>Construction begins next summer on a <a href="http://wkms.drupal.publicbroadcasting.net/post/paducah-marina-project-moves-forward">massive marina and riverfront project</a> in downtown Paducah.</p> Thu, 31 May 2012 21:05:42 +0000 Rose Krzton-Presson 18193 at http://wkms.org Afternoon Round-Up 5/31/12 Daviess County Leader on Coal Scholarshi​p Program http://wkms.org/post/daviess-county-leader-coal-scholarshi-p-program <p>Daviess County Judge-Executive All Mattingly hopes western Kentucky coal counties will soon be included in a new coal tax college scholarship program.&nbsp;</p><p> Thu, 31 May 2012 18:24:39 +0000 Kevin Willis 18186 at http://wkms.org Daviess County Leader on Coal Scholarshi​p Program Colleges Want Coal-Funded Scholarships http://wkms.org/post/colleges-want-coal-funded-scholarships <p>Kentucky Governor Steve Beshear has two options to keep alive the use of coal severance tax dollars for college scholarships.&nbsp; Previous attempts earlier this year failed to gain traction in the General Assembly. &nbsp;</p><p> Tue, 29 May 2012 14:09:34 +0000 Associated Press 18146 at http://wkms.org Colleges Want Coal-Funded Scholarships