One of Kentucky’s most famous philanthropists has died in Louisville. Owsley Brown Frazier was 77. Frazier was the great-grandson of the distiller who founded Brown-Forman Corp., whose brands include Woodford Reserve, Jack Daniels, and Old Forester.
Kentucky Auditor Adam Edelen is encouraging local officials to help him find out about the state’s hundreds of special taxing districts. A special taxing district is a quasi-governmental agency—such as a local sewer system or public library—that gets its funds from a separate tax.
Electricity rates for Tennessee Valley Authority customers in seven states will not be increased in the coming fiscal year. TVA's board of directors voted Thursday to approve an $11.2 billion budget for the upcoming fiscal year that begins Oct. 1 and does not include any rate hikes.
There's a new plan to develop an abandoned amusement park in Louisville. The Courier-Journal reports three Louisville business leaders joined developer Ed Hart in a $40 million bid that would reopen Kentucky Kingdom in 2014.
The chair of Kentucky’s tax commission says a sweeping overhaul of the state's tax code isn't in the works. While Lieutenant Governor Jerry Abramson says, in his heart, he wants to see a major change in the tax code, he admits it's not likely.
Coal mines in Kentucky and West Virginia will send millions of tons of coal to India, under the terms of a 25-year contract that was signed Wednesday. The deal is being hailed as a sign of hope in the coal export market.
A federal judge's ruling could open the door to the sale of hard liquor and wine in grocery stores. Currently state law allows grocery stores to only sell beer, while liquor stores and drug stores can sell beer, wine and liquor.
Federal Prosecutors say a deal has been reached to drop the criminal case against Gibson Guitar Corporation. A highly publicized raid of the company’s Nashville facilities had drawn controversy for several months. The company, which manufactures some of the best-selling guitars in the world, will pay a 300 thousand dollar fine.