Local News

Taylorsville residents who live within the floodwalls could see a significant increase in their insurance costs if the city loses its certification, Floodwall Commissioner Gary Kehne told city commissioners last Tuesday.

“There’s going to be some mad people in this town,” said Kehne, if the city does not comply with its promise to repair the levee by July 2010.

The Honorable Judge Linda Armstrong presided over the following cases in District Court on November 21, 2008.

Traffic:

Michael Allen Cooper. Charge #1, no operator’s/moped license. Charge #2, possess open alcohol beverage container in a motor vehicle. Pled guilty to both charges. $85 fines plus $143 court costs.

Governor Steve Beshear has proposed policy changes to the state’s retirement system in hopes of providing more than $37 million in relief to counties, like Spencer County, that are struggling with financial shortfalls.

His recommendation to the Kentucky Retirement System Board is to allow required contribution obligations to be spread over a 10-year period instead of the current five-year period. The move has been cited as providing immediate relief to local governments next fiscal year while maintaining the pension system.

2008 will likely be branded the year of firsts. It was, after all, the year we selected our first African-American President – Barack Obama. And, it was the first time we experienced what it feels like to pay $4 for a gallon of gas. Oh, and remember there was that time when the stock marked dropped 777 points and we all felt for the first time what it’s like to lose our retirement savings. As we stopped spending, we witnessed another first as the federal government stepped in with an inconceivable $700 billion bailout for the banks and businesses we no longer frequented.