Kentucky's border states each have enabling legislation for P3s, and the time has come for Kentucky to consider this procurement tool as a means by which to grow Kentucky's economy and solve some of Kentucky's challenges.

The Warren County Downtown Economic Development Authority approved a state disbursement for $2,523,881 for projects in the Western Kentucky University Gateway to Downtown Bowling Green TIF District.

The agency that runs Louisville, Kentucky's sewer system disclosed in an August bond-offering document that officials may file a civil lawsuit against it for exploiting interest-rate moves to profit from Treasuries that are sold only to state and local governments.

The Kentucky Agricultural Development Board approved $2,021,595 for 15 agricultural diversification and rural development programs at its monthly board meeting.

The new push by state lawmakers raises a number of longstanding concerns, including whether the arena authority will be able to make a series of escalating debt payments in the coming years, and a lease that directs much of the building's revenue to the University of Louisville.

Agriculture Secretary Tom Vilsack has announced $401 million of Community Facilities program funds have been awarded to 26 recipients with a track record of helping reduce poverty in some of the nation's poorest and most isolated rural communities.

The Courier-Journal reports that Baptist Healthcare would use proceeds from the tax-exempt bonds to refinance debt and make improvements across the state. As much as $20 million would be used to expand and renovate the emergency room of Baptist Health Louisville.

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