WKYT | Lexington, Kentucky | News

Researchers: Mixed impact of settlement funds evident

BOWLING GREEN, Ky. (AP) - Two University of Kentucky researchers
say more than 82 (M) million dollars given out as part of the national tobacco settlement is being put to mixed use and the impact isn't being well documented.

Professors Craig Infanger and Richard Maurer worked with a research team to visit 64 medium and large projects as part of a review of whether the money from the "Master Settlement Agreement" was diversifying Kentucky's agricultural base and increasing farm income.

Infanger says ninety-three percent of the people surveyed said the projects had increased the net farm income of local farmers.

Two projects funded by the settlement, a pair of vegetable cooperatives, have already failed.

Infanger and Maurer say in the short term, other projects have had little affect the agricultural economy.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

AP-NY-11-24-07 1400EST


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