Kentucky

BRADENTON, Fla. — The Kentucky Legislature Monday begins a special session called by Gov. Steve Beshear after legislators failed to pass a transportation budget last week.

CHICAGO — The governors of Kentucky and Indiana Monday released the first comprehensive financing plan for a massive $2.6 billion bridges project that will rely heavily on tolls.

BRADENTON, Fla. — The Kentucky Turnpike Authority plans to price $256 million of new-money revenue bonds next week.

Kentucky Gov. Steve Beshear and Sen. Damon Thayer joined forces Tuesday to sponsor a bill that would authorize a statewide referendum asking voters to allow expanded gambling in up to seven locations.

Two Kentucky senators are co-sponsoring a bill that would ban tolls on existing Interstates, according to the Courier-Journal.

Kentucky has begun the search for contractors interested in designing and building its portion of the Louisville-Southern Indiana Ohio River Bridges Project.

Kentucky Gov. Steve Beshear is proposing to fund his state's half of the massive $2.6 billion Ohio River Bridges Project with federal funds and toll revenue bonds over the next six years.

Kentucky Senate President David Williams last week expressed concern over the divided work and funding plans that were recently proposed for the $2.6 billion Ohio River Bridges Project.

The independent financial advisory firm, C.D. Bowling & Associates in Lexington, Ky., has changed its name to Civic Finance Advisors LLC and added three new partners.

Louisville, Ky.-based Hilliard Lyons has hired Chicago-based banker Alexander Rorke to lead an expansion of its public finance banking business across the firm's 13-state footprint.

Kentucky and Indiana officials announced last week that they reached consensus on a basic plan to finance and build the $2.6 billion Ohio River Bridges Project.

BRADENTON, Fla. - The Louisville and Southern Indiana Bridges Authority is asking construction industry professionals and others to help it build the Ohio River Bridges Project faster and less expensively.

Kentucky’s general fund receipts for July, the first month of fiscal 2012, were $693.2 million, a 6.9% rise from last July, budget director Mary Lassiter said.

Kentucky Gov. Steve Beshear said last week that the state closed fiscal 2011 with a $156.8 million general fund surplus due to the strength of positive revenues that exceeded budgeted levels.

BRADENTON, Fla. - The Kentucky Transportation Cabinet on Monday filed a motion in federal court to intervene in a lawsuit that the agency believes could delay the long-planned Ohio River Bridges Project.

A detailed analysis of cost-saving measures for the Louisville-Southern Indiana Ohio River Bridges Project says at least $1.2 billion could be trimmed off the previously estimated $4.1 billion price tag.

Kentucky plans to competitively sell $145.8 million of lease-revenue bonds Tuesday to complete work on a new state mental hospital. The deal precedes an estimated $362.3 million offering of lease-appropriation obligations.

BRADENTON, Fla. — The Louisville-Jefferson County Metro Government is ­negotiating the use of a public-private partnership and bond financing to assist in the reopening of the Kentucky Kingdom theme park.

BRADENTON, Fla. — The Kentucky Turnpike Authority Wednesday expects to conclude a two-day pricing of $112.6 million of new and refunding revenue bonds.

The Kentucky Legislature could be headed for another year struggling to adopt a budget before adjournment.