Kentucky Counties will receive awaited payments in lieu of taxes from the federal government, thanks to the “Cromnibus” spending package Congress approved over the weekend.
The federal government pays in lieu of tax funds to the counties instead of paying local property taxes for the land.
For fiscal year 2015 the program is allotted $442 million. In fiscal year 2014, it totaled $437 million for some 1,900 counties.
Trigg and McCreary counties received the most funds in Kentucky in 2014.