People in the News: Forbes Magazine honors Community Trust; KHA notes service by UK’s Karpf

Jean R. Hale, Chairman, President, and CEO of Community Trust Bancorp, Inc., announced that Community Trust Bancorp, Inc. has been recognized by Forbes magazine for the fourth time as one of “America’s 50 Most Trustworthy Financial Companies.” Community Trust received a score of 99 out of a possible 100 points. The Forbes list, released on April 28, includes publicly-traded North American...

Billy Reed: Jim Bunning — pitcher or Senator — ‘always came with his best stuff;’ dies at age 85

Whether you remember Jim Bunning mainly as a major-league pitcher or a staunchly conservative politician, you’ll have to agree that he always came with his best stuff. He was as subtle as a fastball to the head. He challenged political rivals as fiercely as he challenged hitters who tried to dig in on him at the plate. When I heard that he had died at 85, the first image that popped into mind was...

Economic development in Kentucky has accounted for record $5.8 billion so far this year, Bevin says

By Tom Latek Kentucky Today FRANKFORT – Kentucky is experiencing a record amount of economic development this year, said Gov. Matt Bevin. The governor said on Friday that, up until now, the most successful year was 2015 with $5.1 billion in new investments. But this year, “We are already in excess of $5.8 billion dollars, and we’re still not through the month of May. On top of that, there’s...

McConnell says he’s still looking for 50 votes in Senate to repeal, replace Affordable Health Care Act

“U.S. Senate Majority Leader Mitch McConnell said he does not yet know how Republicans will amass the votes needed to pass legislation now being crafted to dismantle Obamacare,” Reuters reports. “He declined to discuss what provisions he might want to see in the bill or provide a timetable for producing even a draft to show to rank-and-file Republican senators and gauge their support.” McConnell...

Projected influx of 40,000 new residents by 2025 creating heavy demand for housing in Fayette County

Fayette County must produce 22,780 additional housing units in the next eight years to fully meet the demand of a projected influx of 40,000 new residents by 2025, according to a new housing demand study. The report is sponsored by Fayette Alliance, homebuilders, realtors and various local government agencies including Fayette County Property Valuation Administrator, David O’Neill, who jointly issued...

Rural Blog: Bevin among group of prominent politicians using social media to bypass traditional reporters

Perhaps taking a cue from President Trump’s approach to the media, other politicians have followed suit with attacks on stories that don’t show them in a favorable light. One such politician is Kentucky Gov. Matt Bevin, a Republican elected in 2015 who had never held a political office. Bevin has been ramping up his attacks on journalists, on Tuesday on Facebook Live referring to some...

Rural Blog: Trump’s budget proposal contains major Medicaid cuts; passage in House doubtful

President Trump’s budget proposal, which was released Tuesday and will cut Medicaid by more than $800 billion over 10 years, will largely hurt the rural working-class voters who propelled him into the White House, Andrew Restuccia, Matthew Nussbaum and Sarah Ferris report for Politico. While Trump promised to help American workers, his “spending blueprint follows established conservative...

Independent report shows Kentucky pension systems could fail to meet commitments to retirees

The PFM Group presented an alarming report Monday to the Public Pension Oversight Board detailing the factors that made Kentucky’s pension systems the worst funded systems in the United States. The report revealed that the systems have had a combined $6.9 billion negative cash flow since 2005 as benefits paid to retirees plus program expenses greatly exceeded appropriated funding. According to the...

McConnell, Senate Republicans likely to make key decisions about health care plan this week

U.S. Sen. Mitch McConnell’s role in the national health debate “will come into sharp relief this week,” Burgess Everett and Jennifer Haberkorn report for Politico. “He will decide the contents of the Senate’s plan, most likely behind closed doors. And he is on the hook for getting something through a sharply divided Senate Republican Conference in the midst of an increasingly...

Lexington receives honor as Playful City USA Community for putting needs of families first

National non-profit KaBOOM! is honoring Lexington with a 2017 Playful City USA designation for the first time. Playful City USA honors cities and towns across the country for putting the needs of families first so kids can learn, grow and develop important life skills. These communities are transforming ordinary places into playful spaces and using play as a solution to the challenges facing their...

Former city planning commissioner Smith named to Urban County Government Council by Gray

Lexington Mayor Jim Gray Friday named Joseph M. Smith the new Urban County council member for the second district, replacing Sasha Love Higgins. “Joe is well prepared to be a council member,” said Gray. “He has been active in his neighborhood, in public service and is a Lexington native who cares about his hometown. He brings energy and experience to the Second District seat.” Joseph...

Travel spending in Fayette County rose to record level of $2 billion in 2016, report says

A new state survey showed that total travel spending in 2016 rose to record levels again in Fayette County. Statewide data was released by the Kentucky Tourism, Arts and Heritage Cabinet in conjunction with National Tourism Week May 7-13. VisitLEX encourages locals to get out and explore the area each year during National Tourism Week and throughout the entire month of May. For ideas and inspiration,...

Kentucky’s seasonally adjusted preliminary unemployment rate for April sees slight increase

Kentucky’s seasonally adjusted preliminary April unemployment rate was 5.1 percent, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet. The unemployment rate for April 2017 was up 0.1 percentage points from the 5 percent reported in March 2017. The preliminary April 2017 jobless rate was 0.1 percentage points higher than...

Critical poverty-reducing programs for low-income Kentuckians at risk in proposed Trump budget

By Ashley Spalding Special to KyForward News reports suggest President Trump’s full budget proposal, slated for release next week, will include deep cuts to federal safety net programs that provide crucial supports for low-income Kentuckians and help boost our economy in hard times. These cuts to so-called mandatory programs (meaning spending is determined by how many people are eligible) are on...

ACLU, U of L law professor among group filing complaint against anti-gay couple adoption judge

The ACLU of Kentucky, Lambda Legal, the American Civil Liberties Union, Kentucky’s Fairness Campaign, and University of Louisville Law Professor Sam Marcosson filed a complaint Tuesday against Judge W. Mitchell Nance for violating Kentucky’s Code of Judicial Conduct by recusing himself from any adoption proceedings involving lesbian, gay, and bisexual people. “Judge Nance’s acknowledgment...

Year-to-date Bluegrass real estate sales increased by seven percent over 2016 figures

The Lexington-Bluegrass Association of Realtors announced that regional sales totaled $206.6 million in April 2017, a figure that includes 1,071 reported sales. The year-to-date 2017 total sales increased seven percent from 3,550 sales to date in 2016 to 3,786 sales to date in 2017. The year-to-date 2017 residential single family sales increased six percent from 3,328 sales to date in 2016 to 3,515...

People in the News: Community Trust adds Davis; Mueller named chief officer for Hagan Properties

Will G. Davis has joined Community Trust and Investment Co.’s Wealth and Trust Management team as Assistant Vice President, Relationship Officer for Retirement/Institutional Services, Andy D. Waters, President and CEO announced. Will G. Davis As a key member of Retirement/Institutional Services, Davis’ responsibilities include overseeing client relationships as well as the administration of...

KyCIR: Papa John’s CEO Schnatter files revised conflict of interest disclosure form with U of L

By Kate Howard Kentucky Center for Investigative Reporting Papa John’s CEO John Schnatter filed a revised conflict of interest disclosure with the University of Louisville this week, following questions about his business ties with the school. The latest conflict of interest form has significantly more detail than the form he filed in March, when Schnatter cited multiple business ties and a loan...

Kentucky aviation commissioner sees smaller state airports as keys to economic development

By Tom Latek Kentucky Today FRANKFORT – The state has been sinking millions of dollars into small airports over the past year and plans to invest more next year in the name of economic development. Most Kentuckians are familiar with the state’s major airports, such as Louisville International, Bluegrass and Cincinnati/Northern Kentucky, but there are nearly 60 smaller, lesser-known airports across...

Bevin, Gray join celebration as Valvoline opens new $35 million world headquarters building in Lexington

Gov. Matt Bevin and Lexington Mayor Jim Gray Thursday joined Valvoline Inc. executives and local officials to celebrate the grand opening of the company’s new headquarters, a $35 million office on Valvoline Way off Palumbo Drive. “Kentucky is a premier location in America for corporate investment, and Valvoline’s decision to locate their world headquarters here stands as further proof of that,”...