Broadband Project to Cost Kentucky Taxpayers $1.5 Billion After Policy Turnabout
Ryan Johnston | State Scoop
A Kentucky broadband project that was supposed to deliver high-speed broadband to all 120 counties in the state is over budget by nearly $100 million due to construction costs and delays — and has placed taxpayers on the hook for more than $1.5 billion over 30 years.
An audit from state auditor Mike Harmon released on Thursday illuminated a number of issues with the Kentucky Communications Network Authority, or KCNA, and the KentuckyWired system, which was announced as public-private partnership to provide each county with a high-speed broadband access point in 2013. The vision for the project was to improve “last-mile” connections in rural parts of the state, many of which suffer from a lack access that some officials say has prevented residents from qualifying for work-from-home jobs, among a host of other economic disadvantages…(Read the full story)