Whitley County School Board weighs runoff option on KSBIT deficit
At the May meeting Trickett outlined two main payment paths to fulfill the districts KSBIT deficit. The nova tion would end the obligation with a one time payment near 983 thousand dollars. The runoff option could reach 775 thousand to 990 thousand dollars with an 80 percent confidence on the high end but remains open ended. Superintendent Paul called it a gamble and the board eventually approved the runoff approach.
MENTIONED IN THIS ARTICLE
Trickett
KSBIT
Larry Lambdin
Jones
Bollinger
Liberty Mutual
Wright Specialty Insurance
Gerald R. Hignite
Curneal & Hignite Insurance
Hignite
Wright
Liberty
Paul
Mahan
Malorie Cooper
Com
Century Aluminum's exit to raise Big Rivers rates in Ky
Century Aluminum's move to end its power contract with Big Rivers Electric Corp. threatens higher bills for about 113,000 residential and commercial customers across 22 western Kentucky counties. The finalized agreement would enable open-market power purchases, easing future rate impacts and potential reallocation of unused power.
MENTIONED IN THIS ARTICLE
Louisville, Ky
Western Kentucky
Kentucky
Century
Big Rivers Electric Corp
Big Rivers
Kentucky Public Service Commission
Henderson
Andrew Melnykovych
PSC
Tyson Foods
Melnykovych
Orga
Fair Rates Kentucky
Steve Henry
General Paper
Hawesville
Century Aluminum
Sebree
Mark
Bailey
Gannett to buy Belo for 1.5 billion dollars
Gannett Co to acquire Belo Corp for about 1.5 billion in cash. The deal would expand Gannett’s TV footprint from 23 to 43 stations, reaching nearly a third of U.S. households and adding markets in Dallas Houston San Antonio Austin Seattle and Portland.
MENTIONED IN THIS ARTICLE
Gannett
Belo
New York
Gannett Co
USA Today
Belo Corp
U.S
McLean
Dallas
Houston
San Antonio
Austin
Texas
Seattle
Portland
Ore
Tax Evasion Indictment Out of Jellico Hospital Contractor
Grentz, an independent contractor for a Jellico Tennessee hospital, admitted earning 356073 in taxable income in 2009 and evading taxes by funneling earnings into his own companies. Indicted April 6, 2012, he allegedly earned over 1.5 million from 2005 to 2010 and failed to file returns since 1999. He faces an 85 percent prison term with three years supervision post release. IRS-CI led the probe. AUSA John Patrick Grant prosecutes. attorney Michael Murphy represents Grentz.
MENTIONED IN THIS ARTICLE
Jellico, Tenn
Grentz
Edelen
U.S. Probation Office
IRS
Criminal Investigation Division
United States
John Patrick Grant
Michael Murphy
Deck collapses at Florida sports bar during NBA Finals
In North Bay Village near Miami, an outdoor deck behind Shucker's Bar & Grill collapsed at about 9 45 p m while crowds watched the Heat versus Spurs. Dozens fell into Biscayne Bay water, with 24 injured and three in critical condition as divers search the scene.
MENTIONED IN THIS ARTICLE
Fla
Miami
Biscayne Bay
Critia
The
Miami Herald
Shucker’s Bar & Grill
Miami Heat
Antonio Spurs
Wsvn-Tv
North Bay Village
Miami Beach
NBC6
Miami-Dade
U of L Buyout Uptake Surpasses Target Says Ramsey
University of Louisville President James Ramsey says about 300 employees have indicated they will accept a buyout plan. He expects savings to exceed the 2.75 million dollar goal as the university seeks to cut salary costs amid state budget cuts and rising tuition. The program offers one year of pay for faculty and six months for administrators and staff, with anticipated turnover enabling new hires and potential pay raises.
MENTIONED IN THIS ARTICLE
Louisville, Ky
University of Louisville
James Ramsey
Ramsey
The
U of L
John Ferre
College of Arts and Sciences
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Brenda Hill
Whitley County
WCHS
Whitley East
WCMS
Lambdin
Cmta Energy Solutions Gesc
Adam Pierce
CMTA
Pierce
Owensboro
Brandenburg
Paducah
Ken Doctor
Outsell Inc
Monsters University
Tri-County
Cumberland Falls Hwy
Corbin
Tricountycineplex.com
EPIC
Candle Ridge Missionary Baptist Church