Post by Logan on Jan 30, 2016 5:17:10 GMT -6
Loss of funding source has officials grappling with how to pay for statewide broadband project
FRANKFORT -- A problem in the solicitation to build a high-speed broadband network across Kentucky has jeopardized funding for the project, a top administration official said Thursday.
Work continues on putting the new system in place, but state officials say concerns raised by how the deal was initially structured under former Gov. Steve Beshear have raised questions on how to pay for it.
A flaw in the project solicitation put the state at risk of losing a federal subsidy for Internet service to Kentucky’s 173 public school districts, William Landrum III, secretary of the Kentucky Finance and Administration Cabinet, said at a meeting Thursday.
The state spends $12.5 million a year for that service, but gets back $11 million from the subsidy. The state later canceled the solicitation, so the subsidy continues.
Read more here: www.kentucky.com/news/state/article57152148.html
FRANKFORT -- A problem in the solicitation to build a high-speed broadband network across Kentucky has jeopardized funding for the project, a top administration official said Thursday.
Work continues on putting the new system in place, but state officials say concerns raised by how the deal was initially structured under former Gov. Steve Beshear have raised questions on how to pay for it.
A flaw in the project solicitation put the state at risk of losing a federal subsidy for Internet service to Kentucky’s 173 public school districts, William Landrum III, secretary of the Kentucky Finance and Administration Cabinet, said at a meeting Thursday.
The state spends $12.5 million a year for that service, but gets back $11 million from the subsidy. The state later canceled the solicitation, so the subsidy continues.
Read more here: www.kentucky.com/news/state/article57152148.html