WKYT - Lexington - Headlines

Coal tax helping pay for renovations at Rupp Arena

MGN Online

MGN Online

LEXINGTON, Ky. (AP) - Appalachian counties are complaining about a decision to use $2.5 million of coal severance taxes to help pay for renovations at Rupp Arena in Lexington.

Kentucky collects a tax on coal that is taken out of the ground, and gives some back to coal-producing counties to assist local governments and help diversify their economies.

Letcher County Judge-Executive Jim Ward told the Lexington Herald-Leader that his county is cutting its budget by more than $1 million due to cutbacks in coal severance funding. He also questioned whether there would be enough coal several funds to pay for multi-county water and sewer projects.

House Speaker Greg Stumbo defended the legislature's decision noting that the University of Kentucky basketball program has statewide importance.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 211192811