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“I think that cap, if there is some cap, needs to also have an inflationary increase as well—That’s the kind of thing I think the county judge-executives and KACo (Kentucky Association of Counties) would probably be interested in working with together,” Du Plessis said. Steve Riggs, D-Louisville, said the committee needs a simplistic, written definition of the Fifths Formula and other pertinent information from KLC, which KLC Deputy Executive Director J. Previous KLC road fund proposals had considered taking some of revenue sharing dollars away from the counties and reallocating it to cities, he reminded lawmakers.

Senate Majority Floor Leader Damon Thayer, R-Georgetown, asked what percentage of city road budgets KLC hopes to fund with state road dollars.

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With over $100-plus million in maintenance needs at Kentucky’s state parks, public-private partnerships, known as P3s, are expected to help reduce the parks’ deferred maintenance while employing a strict system of check and balances built into HB 309, said Tourism, Arts and Heritage Cabinet General Counsel Leigh Powers. We’re finding ways to make them better,” said Powers.

The framework for P3s proposals, both solicited by agencies and unsolicited, will ensure that “the Commonwealth gets what it bargained for,” she told lawmakers.

Mc Lain explained additional considerations for transportation P3s includes, but is not limited to, compliance with federal requirements and investment-grade credit ratings.

The attorneys also explained that approved P3s must be part of competitive negotiation—meaning the contract will be awarded to a “responsible and responsive” party, per the handout.

Chaney said there is no set percentage proposed—only a system that he said would hopefully, in time, be “more fair” to cities. “64.2 percent of that new money above $825 million would still go to counties and 35.8 percent would go to cities, instead of (the current) 18 percent.

So no, we’re not here asking the General Assembly to give us 100 percent of funds—but there’s no set percentage at all.” KLC President and Sadieville Mayor Claude Christensen said Kentucky cities spend around 0 million a year on construction and maintenance of city streets, yet receive less than million in state road aid.

The city had a total budget of 7,000 yet only received ,837 in municipal road aid from the state to cover ,730 in street repairs.

“Some years, in fact most years, we just can’t afford to do any street work.

The handling of unsolicited proposals—P3 proposals that are not sought by the state or local government agency and instead independently generated, for example—will also include a 30-day waiting period for the proposal and 90 days of public notice before further action can be taken, with procedures differing slightly for transportation projects.

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