$15 million in coal severance tax revenue going to 49 counties

By  | 

FRANKFORT, Ky. (WYMT) - More than $15 million in excess coal severance tax revenue will go to 49 counties and 122 municipalities.

Governor Matt Bevin made the announcement on Monday. House Bill 200 directs that if actual coal severance tax revenue exceeds the official estimate, all the extra money will go to the Local Government Economic Assistance Fund (LGEAF) coal severance program.

The excess for Fiscal Year 2019 was $15,006,946.91. The funds can be used to address needs in public safety, environmental protection, public transportation, health, recreation, libraries and educational facilities, social services, industrial and economic development and workforce training.

“We are excited to announce more than $15 million in additional coal severance funding that will be returning to Kentucky counties and cities,” said Gov. Bevin. “I am grateful to our state legislators who helped us ensure that 100 percent of excess coal severance revenue is directed back to our local governments. These extra LGEA funds will enable cities and counties to bolster public safety, economic development, critical infrastructure, and other vital community needs.”

Among those that will receive funding include the following Southeastern Kentucky counties and cities:

Allen - $2,539.31
Ashland - $15,983.89
Barbourville - $12,340.16
Bell County - $474,847.19
Benham - $9,564.00
Blackey - $881.26
Blaine - $495.49
Booneville - $12,270.25
Boyd County - $156,167.97
Breathitt County - $107,539.35
Buckhorn - $2,403.39
Burnside - $252.22
Campton - $9,285.43
Catlettsburg - $1,368.11
Clay City - $2,754.49
Clay County - $159,497.17
Coal Run Village - $28,715.88
Corbin - $14,410.61 + $6,979.11
Cumberland - $42,789.35
Elkhorn City - $16,529.31
Eubank - $116.82
Evarts - $18,401.14
Ferguson - $381.43
Fleming-Neon - $5,654.74
Floyd County - $626,169.05
Harlan - $33,378.37
Harlan County - $1,317,307.62
Hazard - $66,107.93
Hindman - $36,061.80
Hyden - $46,790.20
Inez - $14,553
Jackson County - $59,150.58
Jenkins - $16,178.42
Johnson County - $256,479.68
Knott County - $554,293.54
Knox County - $173,873.46
Laurel County - $53,911.76
Lawrence County - $238,531.16
Leslie County - $421,11.78
Letcher County - $345,805.54
London - $5,990.20
Louisa - $26,007.97
Loyall - $27,946.02
Lynch - $14,288.62
Magoffin County - $148,782.32
Manchester - $17,721.91
Martin - $8,341.55
Martin County - $180,127.91
McKee - $6,572.29
Middlesboro - $45,187.31
Morgan County - $102,427.13
Owsley County - $110,432.23
Paintsville - $27,386.63
Perry County - $658,928.14
Pike County - $1,452,946.33
Pikeville - $116,193.29
Pineville - $7,573.49
Pippa Passes - $24,737.37
Prestonsburg - $42,826.11
Powell County - $87,698.53
Pulaski County - $50,924.97
Salyersville - $16,531.37
Science Hill - $286.07
Somerset - $4,621.77
Stanton - $6,989.80
Vicco - $4,702.92 + $789.00
Warfield - $5,460.27
Wayland - $5,604.89
West Liberty - $11,380.79
Wheelwright - $10,262.48
Whitesburg - $15,708.42
Whitley County - $253,063.79
Williamsburg - $13,707.59
Wolfe County - $83,568.90

"At a time when many Eastern Kentucky counties are struggling, the allocation of this additional coal severance tax revenue will be a shot in the arm that will allow many fiscal courts to stabilize their county budgets," said Pike County Judge/Executive Ray Jones. "The return of these funds by the Governor and the General Assembly will be instrumental in assisting Pike County and other local governments in meeting the needs in our communities."

“Our current situation in Harlan County, with 225-plus miners that have been laid off, proves why we must continue to invest these precious coal severance dollars in economic development," said Harlan County Judge/Executive Dan Mosley. "We must continue to diversify our economy so that we can provide our citizens stable employment for the future. I am elated that coal severance receipts were higher than projected last fiscal year and am grateful that Gov. Bevin and the state legislature agree that these funds should come back to where they belong—to coal-producing counties so that we may invest in ways that give our people employment opportunities."

"The return of these funds is of utmost importance to Perry County and will enable us to pursue economic development opportunities," said Perry County Judge/Executive Scott Alexander. "These dollars will serve as matching funds to leverage additional grants for projects that will result in the creation of jobs which is crucial for Perry County and the region."

"We are excited to hear the news of the $676,000 in coal severance funds returning to Floyd County," said Floyd County Judge/Executive Robbie Williams. "I want to thank our coal miners, truckers and everyone who worked so hard to make this possible. These funds will help shore up our budget and catch up on some much-needed infrastructure repairs. I would like to thank our state and local officials for their ongoing support."

“I am beyond grateful to Gov. Bevin and the General Assembly for acknowledging the financial stress of Knott County and the other coal counties and seeing that these coal severance dollars are being returned to the coal counties," said Knott County Judge/Executive Jeff Dobson. "These funds will help address dire needs in our communities."