Kentucky doesn't quite have as huge a budget hole to fill as some other states, but it's the Democrats giving away massive tax breaks in my state to, I don't know,
Bible theme parks, that kind of has me a little upset.
The city of Williamstown in Grant County has agreed to give a biblically themed amusement park a property tax discount of 75 percent over the next 30 years.
Mayor Rick Skinner said the offer is laid out in a memorandum of agreement that will be followed by a formal tax-increment financing deal with Petersburg-based Ark Encounters LLC in coming months.
The tax deal is in addition to almost $200,000 given to the company by Grant County's economic development arm as an enticement to keep the project located there, along with 100 acres of reduced-price land.
And that's not counting the state's promise of $40 million worth of sales tax rebates and a possible $11 million in improvements to the interstate near the project that would be financed by the Kentucky Transportation Cabinet.
Officials say the theme park, which will feature a full-size replica of Noah's Ark, is generally supported in Grant County, but the array of state and local incentives worry some people, who aren't sure they will pay off in the end.
City Council member and former mayor Glenn Caldwell said he's still evaluating the numbers.
"I'm trying to be cautious in representing our city," he said, "making sure people will not be burdened with additional costs because of this project."
The property tax agreement means the Ark Encounter would pay 25 percent of the taxes due on 800 acres of property that is eventually expected to be worth $150 million. Most local property taxes are used to finance Williamstown Independent Schools.
And when Williamstown schools come up short next time, I'm sure Republicans there will be screaming to cut teachers instead of maybe charging the Ark Park guys what their property really is worth.
Can't wait until that happens.
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