Kentucky Governor Steve Beshear proposed a $100 million project to expand high-speed Internet access to every part of Kentucky.
There's more to the story when you become an Insider. WCPO Insider's membership is an additional benefit on top of everything you can get for free on WCPO.com. We created an entire digital organization dedicated to bringing you exclusive access to in-depth stories that you can’t get anywhere else, handpicked events, and incredible savings on things you love to do. To find out more click here.
FRANKFORT, Ky. -- Kentucky Governor Steve Beshear proposed a $100 million project Tuesday evening to expand high-speed Internet access to every part of Kentucky.
This is a key part of his budget plan to expand the state's economy.
RELATED: Gov. Steve Beshear touts tax overhaul, expanded gambling during State of the State address MORE: Steve Beshear laments effects of government shutdown
He said Tuesday the project would be financed by $60 million in bonds supported by the state General Fund and $40 million of federal and private funds.
Beshear says Kentucky ranks 46th nationally in broadband availability, and 23 percent of the state's rural areas lack broadband access.
He says the goal is to spread Internet access statewide in the next two to three years.
Beshear says the project's first phase will be in eastern Kentucky. It has more areas without Internet access than any other region of the state.
He says lack of high-speed broadband can exclude areas from landing businesses.