Please update your business information with this online form or download the form and return it to the Finance Department at City Hall by February 15, 2025.
If you have questions, please contact the Finance Department at 859-238-1200 or e-mail finance@danvilleky.gov.
Check out the latest bid postings from the City of Danville
Ephraim McDowell Regional Medical Center (EMRMC) has been recognized for the high quality of care given to its patients. On March 13, EMRMC received the 2024 Kentucky Hospital Association (KHA) Quality Award. The KHA Quality Award is presented to honor hospital leadership and innovation in quality, safety and commitment in patient care.
Swing by the Showroom at 2405 Lebanon Rd on April 11 from 10 a.m. to 2 p.m. to meet with a variety of area employers.
See the Winter 2024 Issue of Flight Plan DVK - a newsletter of Danville-Boyle County Airport
GLASS National Art Museum” features the museum collection of internationally known artist Stephen Rolfe Powell, who is widely recognized as a hot glass master of color. The Art Center acquired the collection in 2023 with the goals of keeping the collection together and sharing it with the public. The museum also features works by Dale Chihuly and Lino Tagliapietra along with other prominent artists.
On Friday Nov. 3, the Boyle County-UK extension office hosted a fair chance employment regional conference sponsored by the Danville-Boyle County Development Corp., Boyle County Agency for Substance Abuse Policy and the Danville-Boyle County Chamber of Commerce.
Stacker compiled a list of the best counties to raise a family in Kentucky using data from Niche. Niche ranks counties based on a variety of factors including cost of living, schools, health care, recreation, and weather. Boyle County was #1.
The City and County jointly or separately may grant to a company that creates a minimum of ten (10) new, full-time1 jobs and investing a minimum of $100,000.00 in capital a wage assessment rebate of 1.0% of payroll taxes payable by the company’s new employees for a period up to fifteen(15) years.
The minimum thresholds for the local incentive are the same as that required for the Kentucky Cabinet for Economic Development’s state incentive programs in Boyle County.
If the company’s new full-time employment from an approved business project fails to meet minimum job creation targets during the company’s incentive recovery term, the company may be required to repay a prorated amount of its collected incentives to the City and County.
Full-time employees are defined as those employed at the project by the company in the City and/or County for at least 35 hours per week and are subject to the City’s and/or County’s occupational license fee (payroll tax). Contract employees are not included.
The City and/or the County, with approval of KEDFA, may issue an IRB on the company’s behalf to finance the project costs of the company’s facility, including engineering, site preparation, land, buildings, machinery/equipment, and bond issuance costs. The issuing government will take ownership of the subject property as the bond is repaid by the company via leasehold. For the period of the IRB’s repayment and to the extent that the IRB finances the project, the company will receive an abatement of all City and County real and/or tangible property taxes and may receive a reduced state property tax rate. However, a payment in lieu of taxes (PILOT) shall be negotiated with the company for the benefit of school, fire protection, and other special districts.
Subject to CDBG program guidelines and funding availability, the City and/or the County may apply for a grant of Economic Development program funds for an eligible project from the Kentucky Department for Local Government, which administers the U.S. Department of Housing and Urban Development’s CDBG allocation for Kentucky. The City and County may jointly apply for a maximum grant of $2,000,000.00, or each jurisdiction separately may apply for a maximum grant of $1,000,000.00. CDBG funds may be used to create or retain jobs and to provide training and human servicesfor the professional advancement of low-to-moderate-income persons. CDBG funds shall be loaned to a company at a below-market rate of interest and then repaid to the City and/orCounty or its sub-recipient for eligible local business reinvestment.
As of the 2010 Census, BoyleCounty has four (4) Qualifying CensusTracts that are eligible for the NMTC program:
Census Tract 21021930100, which includes an area of Danville and centralBoyle County north of Lexington Avenue/KY 34, south of thecounty line, east of the Norfolk Southern rail line and North Maple Avenue,and west of Herrington Lake.
CensusTract 21021930300, which includes Danville’s downtown business districtsouth of Lexington Avenue/KY34, north of Clark’s Run, east of the NorfolkSouthern rail line, and west of Wilderness Road/Stanford Avenue.
CensusTract 21021930400, which includes an area of Danville south of ClarksRun, north of Bonta Lane and Ball’sBranch, east of Norfolk Southernrail line, and west of Gose Pike (encompassing all of the Hustonville Road commercialcorridor and most of the US 127-150 Bypass commercial corridor).
Census Tract 21021930700, which includesan area of Boyle Countysouth of KY 37, BontaLane, and Ball’s Branch, east of the community of Mitchellsburg, and west ofGose Pike (encompassing all of JunctionCity and the Danville-Boyle County Regional Airport/Stuart Powell Field).
Develop Danville, Inc., will facilitate an eligible project’s contact with and application to a Community Development Entity (CDE) to secure financing via the CDE’s NMTC allocation. This federal tax credit may be claimed byindividual or corporate investors for 39%of the original investment amount over a period of seven (7) years as follows: 5% for each of the first three(3) years, 6% for each of the remaining four (4) years. More information is available online at www.cdfifund.gov/programs-training/Programs/new-markets-tax-credit/Pages/default.aspx.
Census Tract 21021930300, which includes Danville’s downtown business district south of Lexington Avenue/KY 34, north of Clark’s Run, east of the Norfolk Southern rail line, and west of Wilderness Road/Stanford Avenue, is certified by the U.S. Department of Treasury as an Opportunity Zone. This designation encourages individuals and corporations to invest in a variety of economic development projects through "Opportunity Funds" generated through favorable capital gains tax treatment. For more informationis available online at www.thinkkentucky.com/OZ/.
TIF is a tool to use future gains in taxes to finance the current improvements that will create those gains. A development project is financed by using incremental additional local taxes such as property or payroll taxes realized as a result of the development. Subject to Kentucky’s TIF program guidelines and KEDFA approval, the City and/or the County may participate in the following local development area TIFs as long as either shall not cause the tract to represent over 20% of the assessed value of all taxable real property in the jurisdiction:
Vacant Land Development: In any 12-month period, the City and/or County may approve a development area of a previously undeveloped tract of land no larger than 1,000 acres. State participation is not available in a vacant land development TIF.
Mixed Use Redevelopment: The City and/or the County may establish a development area of contiguous land no larger than three (3) square miles that is determined to be a blighted area through required statutory findings. The City and/or the County may request state participation with certain additional requirements.
The City may abate real and/or tangible property taxes for a period up to five (5) years to induce new manufacturing establishments to locate within the City, per Kentucky Revised Statutes (KRS) 92.300 (1). If a company’s new full-time employment from an approved business project fails to meet minimum job creation targets during the company’s abatement period, the company shall repay a prorated amount of its abated taxes to the City
Depending upon the value of other incentives granted, the City may reduce or waive the following fees related to the project:
Water and sewer connection fees, excluding time and materials expended by the City, the value of which is to be determined by the company’s expected water and sewer consumption;
Business license fee ($25); and/or
Stormwater impact fee, which shall be available for a negotiated period of time only in extraordinary circumstances as justified by project viability within the City and after all other City incentives above have been utilized.
Depending upon the value of other incentives granted, the County may reduce or waive commercial building permit fees.
Since 1961, the Boyle County Industrial Foundation has invested significant financial resources to acquire, improve, and develop the John Hill Bailey Industrial Park, including Enterprise Center and the John H. Stigall Business Center. For undeveloped lots within the industrial park, BCIF will assume the costs of surveying a site selected by a project and extending necessary utility connections to the site boundary.
In its service territory in the Cities of Danville, Junction City, and Perryville, Kentucky Utilities offers an Economic Development Rider (EDR) to new customers contracting for a minimum annual average monthly billing load of 1,000 kVA (or kW) and existing customers contracting for a minimum annual average monthly billing load of 1,000 kVA (or kW) above their existing base load. A customer’s demand charge will be reduced by the following amounts under the EDR: first contract year, 50%; second contract year, 40%; third contract year, 30%; fourth contract year, 20%; and fifth contract year, 10%. More information is available online at www.lge- ku.com/economic-development/rider.asp.
In its service territory in Boyle County, Inter-County Energy Cooperative offers an Economic Development Rider (EDR) to new customers contracting for a minimum average monthly billing load of 500 kW over a 12-month period and existing customers contracting for a minimum average monthly billing load increase of 500 kW over a 12-month period above a base load determined by averaging the customer’s previous three years’ monthly billing loads. More information is available online at www.intercountyenergy.net/content/economic-development.
In its service territory in Boyle County, Inter-County Energy Cooperative offers low-interest loan financing for qualifying projects through the U.S. Department of Agriculture’s Rural Economic Development Loan and Grant (REDLG) program. Under the RED Loan program, USDA provides zero percent (0%) interest loans to local utilities that may in turn loan at very low interest rates to businesses for projects that will create and retain employment in rural areas. Recipients repay the lending utility directly. The utility is responsible for repayment to USDA.
More information is available online at www.ekpc.coop/EconomicDevelopmentREDLG.html
The Boyle County Industrial Foundation will reimburse a company for the non-refundable application fee payable to the Kentucky Cabinet for Economic Development upon the company’s submission of an application for state financial incentives, a value of up to $1,000.00 per project application.
More information is available online at www.ekpc.coop/EconomicDevelopmentREDLG.html
For both industrial and commercial projects, Develop Danville, Inc., offers the JumpStart initiative to guide project development through the local permitting/licensing process by:
Convening a roundtable of local regulatory agency representatives to personally advise the project regarding local and, if applicable, state requirements for its operations and to develop a project-specific plan for the permitting/licensing process; and
Coordinating the follow-up response of local regulatory agencies to the project’s needs.
The community of Danville-Boyle County, Kentucky, stands ready to accommodate your company’s workforce needs through our network of local resources:
Bluegrass Community & Technical College’s Danville Campus offers a variety of work force education and training programs that may be specifically tailored to the needs of your company for skilled employees.
Our Local Business Service Team of economic development, educational, and employment agencies coordinated by the Central Kentucky Career Center are also committed to assisting your company to recruit a skilled workforce from our 13-county labor market area.
Develop Danville, Inc., offers “concierge” services to our new and existing industries through our network of public and private resources. On the community’s behalf, Develop Danville, Inc., will warmly receive and diligently support your company’s managerial and/or technical staff and their families who may relocate here to establish your new facility and operations. This support includes direct, personal assistance to secure residential housing and services, spousal employment, and educational placement.
Both the Heart of Danville and Main Street Perryville will advise and assist eligible commercial and retail projects targeting a location in a historic building in the downtown business districts of the Cities of Danville and Perryville to apply for both federal (www.nps.gov/tps/tax-incentives.html) and state (www.heritage.ky.gov/historic-buildings/rehab-tax- credits/Pages/overview.aspx) historic rehabilitation tax credits.
The Danville-Boyle County Convention & Visitors Bureau will advise and assist eligible tourism attractions that are new or expanding in Boyle County to apply for state incentives available through the Kentucky Tourism Development Act, which are summarized online at www.kentuckytourism.com/industry/development-incentives/development-incentive-program/. For a minimum project development cost of $1,000,000.00, an eligible project may receive a state sales tax rebate to recover up to 25% of its development cost over a 10-year term.
As these aggressive and flexible incentives attest, the community of Danville-Boyle County, Kentucky, strongly desires to welcome your company as the newest corporate citizen of our diverse and vibrant community of local industries and businesses!
DEVELOP DANVILLE, INC.
We are your local printing and copying center! We are locally based and are proud to service the surrounding communities. We specialize in full color printing and copying services as well as graphic design and finishing services. We can also produce high quality color copies and digital prints. And don't forget to ask about our mailing and direct mail marketing capabilities.
USA Signs designs and manufactures projects of any size, from a vinyl decal for your mailbox to large illuminated signs for multiple locations.USA Signs is also a full service sign company. We service and install signs all over central Kentucky.
Kirby’s Signs & Graphics combine traditional sign-making methods with the latest technologies to guarantee the look, and performance you expect from your sign – producing a true reflection of your business personality.
Signs of all kinds since 1979.
The Advocate Messenger is the community newspaper that serves the region in south central Kentucky, south of Lexington, with distribution primarily in Boyle, Lincoln, Casey, Mercer and Garrard counties.
Best Version Media connects local businesses to customers with innovative print and digital advertising solutions. Our publications have strengthened communities and businesses since our founding in 2007.
Local radio stations servicing Central Kentucky
The Danville Boyle County Chamber of Commerce is committed to providing access to valuable resources, discounts, and relationships that help businesses save money and market their products.
Bluegrass Community and Technical College is much more than buildings and programs. BCTC can be a valuable resource to your business.
Career centers throughout the commonwealth provide a vast array of services to help you get back on the path to employment. This is a great resource for businesses looking to hire qualified, driven talent.
The Kentucky SBDC in Lexington provides one-on-one coaching at no cost to existing and potential entrepreneurs in Central Kentucky. The Kentucky SBDC in Lexington also meets the educational needs of the local small business community by offering a variety of low cost training programs taught by industry experts and qualified SBDC Consultants.
The Community & Economic Development program helps communities resolve locally determined problems with objective information and educational assistance.
Develop Danville, Inc., is a marketing identity of the Corporation used to promote the Danville-Boyle County community's attributes to our national and global business clients. As a unified team, the partners provide Boyle County, its communities, and its citizens with a cost-effective array of community and economic development services.
We welcome businesses of all shapes and sizes here in Boyle County. Whether you’re taking your first step into entrepreneurship, building a multi-million dollar manufacturing facility, or anything in between - we have the resources and support to fit your needs.