Kentucky Capital Development Corp. has cancelled its Tuesday board meeting.
The next meeting of the KCDC board is scheduled for noon on Sept. 15 and will continue to be livestreamed on the Kentucky Cabinet for Economic Development Facebook page.
Kentucky Capital Development Corp. has cancelled its Tuesday board meeting.
The next meeting of the KCDC board is scheduled for noon on Sept. 15 and will continue to be livestreamed on the Kentucky Cabinet for Economic Development Facebook page.
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What in the world is going on down there, where ever down there is?
And they are still drawing pay from taxpayers $?
He KCDC Board is comprised of volunteers, do therefore are not paid. In the past, KCDC received taxpayers support to the tune of $230,000, with the City and County providing $115,000 each.
This year, the City contributed $115,000 while the Fiscal Court reduced its contribution to a mere $100,000, for a total of $215,000. That is still a lot of our bucks for the “bang” that we are getting from KCDC, whose charge is to recruit jobs into our county.
Right now, CEO Terri Bradshaw is making $95,000 a year, plus a benefits package and a $5,000 car allowance, worth over six figures. The Board had given her two $5,000 raises in the last two years, effective on January 1, respectively. Plus, they have also approved another $5,000 raise for January 1, 2021. Nice gig if you can get it.
Wonder how that Board of volunteers feel about spending taxpayers money on a paid shill hawking for private developers that want TIF/ P3’s where taxpayers $ funnels into a developers pocket? They have the mind set kinda like those hoarders of toilet paper at the beginning of covid? No , that’s not it, it’s something different in their minds. They are certainly filled with excessive and single- minded zeal!?
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