Lawmakers wary of cost to fund Kentucky broadband project - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Lawmakers wary of cost to fund Kentucky broadband project

Kentucky lawmakers are wary of the cost to fund broadband project. (Source: Raycom Media) Kentucky lawmakers are wary of the cost to fund broadband project. (Source: Raycom Media)

FRANKFORT, Ky. (AP) - A project to bring high-speed internet capability to all of Kentucky's 120 counties needs more than $100 million to keep it going, but state lawmakers seem wary of paying for it.

Officials with Kentucky Wired made their case Monday to a panel of Kentucky lawmakers who will decide how to spend more than $70 billion in state and federal tax dollars over the next two years. The project needs about $60 million over the next two years to meet its contractual obligations with its private partners. And it needs another $88 million to reimburse companies for their losses during the project's many delays.

State officials say killing the project could lead to a $500 million loss for the state. Lawmakers discussed the issue Monday but made no decision.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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