NEWS
April 19, 2011
The Social Security Act specifies that the funds may only be invested in securities backed by the full faith and credit of the federal government such as treasury bills, treasury notes and treasury bonds, as well as special issue bonds. Basically, the government can invest Social Security funds into other government programs like defense, foreign aid, education or any of their endless social programs by loaning the Social Security funds to itself. The government pays back the money when the Social Security program redeems the bonds.
NEWS
By Jonathan Kleppinger and jkleppinger@jessaminejournal.com | September 13, 2010
The Nicholasville City Commission voted to extend engineering funding for the north end sanitary sewer project at a special called meeting Wednesday, Sept. 1. The project, budgeted at $7.5 million and funded through a Kentucky Infrastructure Authority loan at 1-percent interest, was initially projected as a 14-month job to run from February 2009 to April 2010. The city has only used $5.8 million on the project so far, according to Mayor Russ Meyer. Nicholasville Utilities Director Tom Calkins came to the commission last Wednesday with the proposal to allocate an additional $55,306 to the project for a resident engineer and possible construction administration.
NEWS
February 16, 2011
To the Sun: I know this letter is insignificant, but at least I get the satisfaction of being a small voice speaking for the elderly and asking for your help. The intent of this letter is not to be harsh or bitter, but to be genuinely concerned for the lives of our elders. These are the ones who are tossed aside and forgotten. The elderly have worked all their lives and put money into Social Security for their retirement. The downfall of Social Security is caused by the rich who are wanting to get richer.
NEWS
August 30, 2010
HARRODSBURG — U.S. Rep. Ben Chandler joined U.S. Department of Agriculture officials Thursday at Harrodsburg city hall to announce funding to help update the city’s water system. The $7.7 million loan and $3.3 million grant from the USDA and the Recovery Act will expand the city’s current water treatment plant to meet the needs of its more than 3,700 customers. The expansion will include a low-level uptake at the Kentucky River, constructing a 600,000 gallon water storage tank, and a pump station.
NEWS
By DAVID BROCK and dbrock@amnews.com | May 26, 2012
Boyle County Fiscal Court will keep allocations for most agencies that receive public money the same during next year's budget. Magistrates voted on about $600,000 in total appropriations during Thursday's fiscal court meeting. Most of the major jointly funded agencies which receive money from both the city and the county had their requests granted, including the Danville-Boyle County Economic Development Partnership ($110,000), Planning and Zoning ($59,348) and the Airport Board ($18,000)
NEWS
By Katie Perkowski and The Winchester Sun | June 5, 2012
The Winchester Board of Commissioners Monday approved a draft budget for fiscal year 2012-13, which projects a general fund cash balance of about $1.6 million at the end of the fiscal year and total revenues of about $15.1 million. Commissioners cut some funding to outside agencies, but increased funding to others. Most notably, they voted unanimously to increase funding to Clark County Aging Services from $32,600 to $40,900 to provide the home meal delivery program to half of those currently on a waiting list.
NEWS
Journal staff report and news@jessaminejournal.com | June 27, 2012
The Nicholasville City Commission held a public hearing Monday afternoon for the purpose of proposed use hearing regarding Local Government Economic Assistance program and the municipal road aid. No one from the public showed up to speak at the hearing. City clerk Roberta Warren said the city would receieve an estimated $9,000 from LGEA funds. That sum would be added to the $1,000 already in that fund for a total of $10,000. Warren said $9,000 would be earmarked for parks-and-recreation projects.
NEWS
By DAVID BROCK | September 3, 2011
The Heart of Kentucky United Way in Danville has been responsible for connecting money and volunteers with good causes for decades, but the group will now look to tackle more directly the causes for some of the problems in the communities they serve. "We used to be a fundraising organization, and we were incredibly successful at that even during these economic times," said Executive Director Janie Pass. "What we really want to do now is make sure everything we do is working toward long-term, measurable change.
NEWS
By DAVID BROCK and dbrock@amnews.com | May 6, 2011
PERRYVILLE — Several Perryville City Council members expressed concern Thursday about the city’s ability to increase its share of funding for the Boyle County 911 Center. City representatives have been in negotiations with the county, Danville, and Junction City recently as Danville has sought to bring contribution levels set more than 20 years ago in line with current costs. The governments agreed in the late 1980s to fund the center based on call volume. However, as the years have gone by, the amounts paid by the two smaller municipalities and the county have remained largely unchanged as the cost of operating the center has increased.
NEWS
By Jonathan Stark and jstark@jessaminejournal.com | July 19, 2011
When the Lutzes first decided to send Collin to the Special Olympic World Summer Games, the price tag attached was about $7,000 - a daunting number for any family. But the Lutzes wanted to give their son the chance of a lifetime and went full steam ahead in their fundraising efforts. Shorty after the first quote, the price was dropped to $5,000 with the help of funds from the Special Olympics national fundraising. “It was scary, overwhelming. I didn't know where to go because every time I tried a different avenue, it fizzled,” Shannon Lutz said.