It seems CSX isn't coming into the city just yet. Wonder why? One of the articles mentioned their tax issues. Specifically mentioned in one article, was an insurance tax of 9% the paper stated. What is that about? 9% of what? What other tax issues would they be talking about? Sounds as if the city's only interest is getting their 75% of the occupational tax money.
From reading on the Corbin Expo Center thread, they don't need to come into the city, they are already getting all the benefits from the city. Police help, fire, water, sewer, etc. Is this true.
As far as jobs goes, how many of the corbin railroad shops employees live in corbin, in the city of corbin, not the outskirts? Anyone know. I know years ago, many lived in corbin, but with the jobs issues with the railroad, many of them being sent to other parts of the country, the newer employees live as much as 75 miles or more from corbin.
So, you think they'll come in, or drop it. Our city manager doesn't seem to have an answer as of yet, or at least one he's willing to make public. You'd think the city would have had all these issues answered and all the information ready to present to CSX when it was brought up before Mayor Miller left. Surely he didn't just drop this in their laps at the last second.
Does our fire department have an agreement with them to respond to the rail yards? Do we charge them for this if we do? Anyone know.
Anonymous wrote: It seems CSX isn't coming into the city just yet. Wonder why? One of the articles mentioned their tax issues. Specifically mentioned in one article, was an insurance tax of 9% the paper stated. What is that about? 9% of what? What other tax issues would they be talking about? Sounds as if the city's only interest is getting their 75% of the occupational tax money.
From reading on the Corbin Expo Center thread, they don't need to come into the city, they are already getting all the benefits from the city. Police help, fire, water, sewer, etc. Is this true.
As far as jobs goes, how many of the corbin railroad shops employees live in corbin, in the city of corbin, not the outskirts? Anyone know. I know years ago, many lived in corbin, but with the jobs issues with the railroad, many of them being sent to other parts of the country, the newer employees live as much as 75 miles or more from corbin.
So, you think they'll come in, or drop it. Our city manager doesn't seem to have an answer as of yet, or at least one he's willing to make public. You'd think the city would have had all these issues answered and all the information ready to present to CSX when it was brought up before Mayor Miller left. Surely he didn't just drop this in their laps at the last second.
Mr. Miller was looking for a few last minute accolades and high-fives for a task he didn't complete. Also ask him also why he cost the city $700-800,000 by holding up the restaurant tax for nearly a year.
Right. He bragged on getting CSX into the City and it was not a completed deal. And he pittle puddled around for a year and gave up nearly a million dollars in restaurant tax money that could have helped our community.
Just wait until they have to pass a new onslaught of taxes just to pay for the construction and management of E. KY Expo Center. I don't see how any new tax benefits the community when you have a huge building that is awaiting construction and already is experiencing cost overruns. That giant vacuum will suck up a whole lot of "tax revenue." Corbin will get such high class acts as Lynyrd Skynyrd and the honky tonk badonkadonk dude. Most of the poorer residents that pay taxes in the area will not even be able to afford tickets to such events. How is this benefiting the community? Just look at the Pikeville arena disaster. They're begging the state to subsidize their arena. Corbin will be doing the same.
That's why the former mayor didn't run again. His cronies that support him are drying up. The new mayor is very open minded, and has some good ideas.
Why would CSX want to come into the city and pay a 9% insurance tax when they don't have to? Could it be the former mayor "forgot" to include this little expenditure when he discussed their coming in. I'd say so, as most everyone I've spoke with didn't even know there was an insurance tax. Most thought it was something to do with a state imposed tax or a school tax. On my bill, it says "Local Tax" on the bottom next to the total I pay.
If the city commission and/or industrial recruiter can't get CSX, which is located 1 ft from the city line, to come into the city. How do they expect to get a company hundreds of miles from here to come to Corbin???
If the city commission and/or industrial recruiter can't get CSX, which is located 1 ft from the city line, to come into the city. How do they expect to get a company hundreds of miles from here to come to Corbin???
It's all about taxes,what can we offer them they dont already have? POLICE,they have it.FIRE they have it .OCCUPATIONAL TAX from the city,they dont have it.
The City 0f Corbin does noit have an occupational tax, the county does. It was because of the city commission that the city gets the benefit of the tax. Had the commiss not stood tall the city would have gotten nothing
As I understand it, CSX pays its occupational tax to Whitley County and Corbin does not get one cent of that tax. Corbin gets 75% of the occupational tax withing the city limits of Whitley County. Whitley County gets 100% of the occupational taxes collected in the county outside the City limits of Corbin and Williamsburg.
In Corbin, Knox County, Barbourville, Knox County and all of Knox County the Occupational taxes all go to the city of Barbourville and Knox County Fiscal Court.
The only exception in Knox County is occupational taxes collected from Companies in the Regional Industrial Park. Six Counties, Whitlely, Bell, Knox, McCreary, Clay, and Laurel get 15% each and Corbin's Industrial Commission gets 10% or $48,000 per year, whichever is greater for five years. After 5 years Corbin gets 10%.
Yes, that's correct, due to the fact that the rail yards are not in the city limits.
And, the city has nothing to offer the railroad except an increase in taxes, namely the insurance tax. I believe it's 10.25% on insured property in the city limits. Why would anyone want to pay extra and get nothing.