Last month, the Franklin County Fiscal Court decided to cut its funding of the Kentucky Capital Development Corporation (KCDC) by $15,000 for a second year straight.
After not cutting KCDC last year, the city caught up with the county for this yearâs proposed budget, as it slashed the organizationâs funding by $30,000. It also cut funding for Downtown Frankfort Inc. (DFI) by $45,500.
An item of consideration for the countyâs decision regarding KCDC was a letter penned by Jim Daniel, James Inman and other âconcerned citizens,â sent to elected officials in May. That letter was critical of KCDCâs productivity, direction and integrity; it particularly honed in on KCDC President/CEO Terri Bradshawâs performance.Â