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We have to wait until it’s really bad and we have no choice,” he said.
At the same time, he said Kentucky counties have received more road aid than they needed in recent funding cycles.
“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.
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.
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.
Christensen said his city of Sadieville had to use around 13 percent of its general fund dollars to cover street work last fiscal year.With over 0-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.The state holds a health standards compliance rate of 99.7 percent, he told lawmakers.After water safety violations were revealed in Flint, MI, Goodmann said a state lead working group is reviewing Kentucky’s lead and copper protocols, although he clarified that the state’s public water systems have “a very good compliance record.” “I don’t have any desire to sit in front of this group and try to explain a Flint situation in Kentucky,” said Goodmann.