Clinton County is home to two man-made lakes. Both draw tourists from around the region for fishing and boating activities.

All Photos by Al Gibson/Clinton County News

ABOUT CLINTON COUNTY

Located on the Kentucky-Tennes-see state line, in southcentral Ken-tucky, Clinton County contains rollinghillsides bathed in forest green and bril-liant blue waterways. This small, ruralcommunity is on the verge of majorgrowth, due to the opportunities it hasexperienced as a federally designatedEmpowerment Zone. Leaders have uti-lized this status well and led to tre-mendous strides in both communityand economic development.

YEAR AMOUNT2005 9,6052010 9,683*2020 10,028** projectedABOUT LAUREL COUNTY

Civilian Labor Force 4,618Employment 4,356Unemployment 262Unemployment Rate 5.7%

ALL INDUSTRIESClinton County $436.00Kentucky $577.00MANUFACTURINGClinton County $461.00Kentucky $732.00SERVICESClinton County $214.00Kentucky $495.00

EMPLOYMENT AVERAGES

UTILITIES

ELECTRICITYSouth Kentucky Rural Electric Co-

operative Corporation serves Albanyand Clinton County, and receivespower from East Kentucky Power.South Kentucky RECC and East Ken-tucky Power provide power at ratesamong the least expensive in the U.S.

NATURAL GASGasco Distribution Systems, Inc.

serves Albany and Clinton Countywith natural gas service.

WATERThe Albany Municipal Water

Works serves Albany with a 4.9 mil-lion gallon per day treatment capacity.Its source of water is Lake Cumberlandand has recently realized two expan-sions, including a doubling of treatmentcapacity and a water line expansionwhich allows the Albany MunicipalWater Works to serve approximately95 percent of the county.

SEWERThe Albany Sewer Company serves

LABOR

LOCATION & TRANSPORTATIONMAJOR CITY DISTANCE (MILES)Atlanta, GA 258Birmingham, AL 289Bowling Green, KY 80Chicago, IL 445Cincinnati, OH 218Cleveland, OH 469Columbus, OH 325Detroit, MI 481Indianapolis, IN 265Knoxville, TN 133Lexington, KY 119Louisville, KY 151

Albany with 750,000 gallon per day.

TELECOMMUNICATIONS Windstream Communications servesAlbany and Clinton County with land-line telephone service. Cellular serviceis provided by Bluegrass Cellular andCellular One, both of which maintaincellular towers in the county. Internetservice providers include: Earthlink(dial-up); Windstream (dial-up andbroadband) and Mediacom Cable (high-speed). A cable television franchise forboth Albany and Clinton County isheld by Mediacom Cable.

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POPULATION

CLINTON COUNTY • KENTUCKY • USACommunity Overview

Equity Group, LLC. 1,530Patriot Industries, Inc. 95Thoroughbred Houseboats 69Cowboy Charcoal USA 52Blue Grass Cooperage Co. Inc. 36Gaddie-Shamrock LLC 30Neal Lumber Co. Inc. 24

LABOR

AVERAGE WEEKLY WAGES

CIVILIAN LABOR FORCE

This project is funded by a grant from the US Small Business Administration (SBA). SBA’s funding should not be construed as an endorsement of anyproducts, opinions, or services. All SBA-funded projects are extended to the public on a non-discriminatory basis.

AIRLocal service is available at Spring

Creek Airport, four miles south of Al-bany, which is equipped with a 2,400foot paved runway, serving private air-craft.

Other local service is located at theMonticello-Wayne County Airport, 27miles northeast of Albany. It has onepaved runway 4,000 feet in length.

The nearest scheduled airline ser-vice is available at Blue Grass Field inLexington, Ky. Nashville InternationalAirport is also a close alternative, as isStandiford Field in Louisville, Ky.

RAILThe nearest rail service is provided

at Burnside, Kentucky, 46 miles north-east of Albany, by the Norfolk South-ern Corporation. The Somerset/NSThoroughbred Bulk Transfer (TBT)Facility, in Somerset, Kentucky. Thisfacility is available for third-party us-ers and warehousing is available.

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Clinton County, Kentucky is locatedon Kentucky’s southern border withTennessee.

EDUCATION AND TRAINING

EDUCATION AND TRAINING

HIGHWAYSAlbany and Clinton County are

served directly by US127, a north-south corridor and Kentucky 90, aneast-west corridor. Both highways are“AAA” rated trucking highways. TheKentucky Department of Transporta-tion is currently in the initial construc-tion phase of the US127 Albany By-pass. Interstate 40 is accessible 49miles south of Albany near Cookeville,Tennessee. Interstate 65 is accessible70 miles northwest of Albany in Bowl-ing Green, Kentucky, while Interstate75 is accessible 79 miles east of Albanyin Mount Vernon, Kentucky.

The Clinton County School Systemprovides primary and secondary edu-cation to Albany and Clinton County.It also provides Early Head Start,Head Start and Pre-school services.

HIGHER EDUCATIONInside Clinton County’s boundaries

are several institutions of higher learn-ing. Somerset Community College’sClinton Center is located on Highway90 in a new facility that offers manyfields of study including: technical,construction and mechanics, with aspecialty in nursing. Daymar College islocated within the Albany city limitsand offers two-year degrees in criminaljustice, nursing and business, amongothers. Western Kentucky Universityoffers classes in Albany at the ClintonCounty Learning Center. The Learning

Center is equipped with several class-rooms, including a long-distance class-room and a large auditorium. There arealso many public and private collegesand universities within a short drivingdistance. Some include: Lindsey Wil-son College, 49 miles; Somerset Com-munity College, 55 miles;Campbellsville University, 79 miles;and Centre College, 86 miles.

VOCATIONAL ANDADULT SKILLS TRAINING

Additional vocational skills trainingis readily available in Clinton Countyat the Kentucky Area Vocational Tech-nology Center, located adjacent toClinton County High School. Amongthe fields of study are: health careers,business, auto mechanics, electricalcontracting, welding and conventionalconstruction.

The area’s industrial and economicdevelopment efforts are led by theClinton County Industrial Develop-ment Authority (CCIDA). The Au-thority oversees a large industrial park,which includes a fiberglass swimmingpool manufacturer, a calibration corpo-ration, a boat cruiser manufacturer anda social services/mental health careprovider. The Clinton County FiscalCourt and the City of Albany workclosely with CCIDA to further expandindustrial opportunities there.

INDUSTRIAL DEVELOPMENT

One of Clinton County’s best educational assets is the Somerset Community College Clinton Center, a division of KCTCS, shown above.

Golfers have a number of differentcourses to choose from in ClintonCounty.

Clinton County Industrial AuthorityPO Box 433, Albany, Ky 42602(606) 387-5512; charlottekoger@alltel.net

Clinton County Fiscal CourtLyle Huff, Clinton County Judge Executive100 S. Cross St.,Albany, Kentucky 42602606-3987-5234judgelylekhuff@windstream.net

City of AlbanyNicky Smith, Mayor of Albany204 Cross St., Albany, Kentucky 42602

606-387-6011; albanycityhall9@mchsi.com

ACommCO

COMMUNITY ATTRACTIONS

FOR MORE INFORMATION

ational asset is its location betweentwo of Kentucky’s biggest lakes: DaleHollow Lake and Lake Cumberland.Both lakes are managed by the U.S.Army Corps of Engineers.

Dale Hollow is a man-made lakethat straddles the Kentucky/Tennessee

border with a concrete and earthen damlocated 40 miles south of Celina, Ten-nessee.

Dale Hollow is also home to theworld-record smallmouth bass, large-mouth bass, Kentucky bass, crappie,catfish and walleye. Activities enjoyedon Dale Hollow lake include: water ski-ing, scuba diving and recreational boat-ing. Two full-service marinas on DaleHollow Lake are located in ClintonCounty: Wisdom Dock and Wolf RiverResort. Both facilities offer vacationopportunities with houseboat and va-cation cabin rentals.

Lake Cumberland has nearly 1,200miles of shoreline. Grider Hill Dock,Inc. is a full-service marina located onLake Cumberland in Clinton County,very near Wolf Creek Dam. Grider HillDock also offers vacation opportuni-ties that include houseboat rentals, inaddition to hotel-type lodging in itslake-view lodge units.

In addition to Grider Hill Dock,Clinton County also boasts of having76 Falls, a large waterfall that cascadesinto Lake Cumberland and is one of themost visited attractions by boaters onthe lake.

Lake Cumberland is also one of themost world-renowned sport fishinglakes with smallmouth and largemouthbass, Kentucky bass, crappie and cat-

OTHER RESOURCESCOST OF LIVING

The cost of living in ClintonCounty, Kentucky is lower than thenational average.

HOUSINGMedian house price is well below

the national average. Single dwellings,duplexes and apartments are readilyavailable throughout and near Albanyand Clinton County.

HEALTH SERVICESSeveral physicians operate private

practices in Albany, including familypractices, as well as specialty practicessuch as internal, pediatrics and surgi-cal. The area is served by the ClintonCounty Hospital, which is a full-ser-vice facility that is currently undergo-ing a $14 million renovation/additionthat will result in it being one of themost technologically advanced hospitalfacilities in the region. Albany andClinton County is also served by sev-eral dental practices as well as an op-tometry practice.

MEDIA Albany and Clinton County is

served by a weekly newspaper, theClinton County News, which has beenpublished continuously since 1949.Distributed on Wednesday afternoonsby single-copy newsstand sales and tosubscribers through the U.S. PostalService, the newspaper currently has atotal paid circulation of 3,750. WANYRadio is owned by Albany Broadcast-ing Company and operates a broadcaststudio just west of the Albany CityLimits. The station is both AM(1590) and FM (106.3), and broadcastsbetween the hours of 5:00 a.m. and10:00 p.m.

RECREATIONClinton County’s biggest recre-

fish, as well as, trout. In addition, anentire fishing guide industry has devel-oped on Lake Cumberland surroundingthe abundance of striper fish that arecontained in Lake Cumberland.

Both Lake Cumberland and DaleHollow Lake are also home to severalnesting pairs of the majestic AmericanBald Eagle, and is also the winter hometo several other migrating AmericanBald Eagles.

Clinton County boasts an 18-holegolf course in the Duvall Valley Com-munity (Mountain View Golf Course)and another 9-hole course in the centralpart of the county (76 Falls CountryClub). Also, Dale Hollow State Park isa short, 20 mile drive for any golf en-thusiast who would like to play an 18hole championship golf course withbeautiful scenery all around.

Mountain View Recreation Park isone of the nicest parks in the area withpicnic areas shelters, four basketballcourts, three softball fields, a play-ground, and a walking trail completelycircling the park.

Another addition soon to breakground is a multimillion dollar WellnessCenter, located in the industrial park,which will include an indoor olympic-sized swimming facility, fitness pro-grams, and other activities for all ages.

Albany and Clinton County alsohas a very active youth sports pro-gram with baseball/softball, basketballand football youth leagues.

COMMUNITY EVENTSThe entire community focuses

around two events held each year, theClinton County Fair, held in June, andthe Foothills Festival, held in October.

213

262

540

519

CURRENT UNEMPLOYMENTRATES

CURRENT 2007Labor Market 6.4%Clinton 5.7%Cumberland 7.2%Russell 6.5%Wayne 6.0%

For comprehensive information on community resources, available buildings and low-interest loan information, go to www.southeastkentucky.com

CLINTON COUNTY • KENTUCKY • USALabor Force Profile

LLABOR MARKET AREAThe Clinton County Labor Market

includes Clinton County and the adjoin-ing counties of Cumberland, Russelland Wayne. The map above is a visualrepresentation of the Clinton CountyLabor Market Area.

FUTURE LABOR SUPPLY New 18 year olds through 2009Labor Market 5,100Clinton County 473

ESTIMATED CURRENTLABOR SUPPLY

Labor Force UnemploymentLabor Mkt. 24,591 1,534Clinton 4,618 262Cumberland 2,975 213Russell 8,039 519Wayne 8,959 540

SOUTHEAST KENTUCKY ECONOMIC DEVELOPMENT CORPORATION (SKED)Financing of fixed assets is available through the Southeast Kentucky Economic Development Corporation (SKED). SKED

may participate in financing of qualified projects with a secured loan of up to $10,000 per new job created, not to exceed$150,000 or 25% of the project cost, whichever less. These funds may be used to assist in the purchase of land, the purchaseof existing buildings, new construction, or the purchase of equipment. The interest rate is fixed for the life of the loan, and isdetermined by the length of the loan.

KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY (KEDFA)Financing of fixed assets is available through the Kentucky Economic Development Finance Authority (KEDFA). The Au-

thority may participate in financing of qualified projects with a secured loan of up to $10,000 per new job created, not to ex-ceed $500,000 or 25% of the project cost, whichever is less. These funds may be used to assist in the purchase of land, thepurchase of existing buildings, new construction, or the purchase of equipment. The interest rate is fixed for the life of theloan, and is determined by the length of term. A ten year loan bears an interest rate of 5.0%, while the rate on a three year noteis 1.0%, with both rates based on a monthly payment schedule.

KENTUCKY RURAL ECONOMIC DEVELOPMENT ACT (KREDA)KREDA tax credits are available for new and expanding manufacturing projects that create at least 15 new, first-time jobs in

economically distressed Kentucky counties. Companies must make a capital investment of at least $100,000 in land, buildings,fixtures, and equipment. Once a company is under a KREDA agreement, the company maintains KREDA benefits, even if thecounty loses KREDA status. Companies with projects approved under KREDA may receive up to 100 percent credit againstKentucky income tax liability on taxable income generated by the project(s) for up to 15 years. Unused credits may be carriedfor the term of the agreement. The company may also collect a job assessment fee of 4 percent of the gross wages of each em-ployee whose job is created by the approved project and who is subject to Kentucky income taxes.

KENTUCKY INDUSTRIAL DEVELOPMENT ACT (KIDA)KIDA provides tax credits for new and expanded manufacturing projects that create jobs in counties. Companies must create

at least 15 new, full-time jobs and make an investment of at least $100,000 in land, buildings, fixtures and equipment. Approvedcompanies under KIDA may receive up to a 100 percent credit against Kentucky income tax liability on taxable income gener-ated by the project(s) for up to 10 years, or the company may collect a job assessment fee of 3 percent of the gross wages ofeach employee whose job is created by the approved project and who is subject to Kentucky income taxes. Unused creditsmay be carried forward for the term of the agreement. Eligible equipment costs are limited to $10,000 per new full-time job.

KENTUCKY JOBS DEVELOPMENT ACT (KJDA)KJDA provides tax credits for new and expanded non-manufacturing projects that provide at least 75% of their services to

customers outside of Kentucky and that create at least 25 new full-time jobs for Kentucky residents. Companies with ap-proved projects receive state income tax credits and job assessment fees for up to 50% of project startup costs and 50% of an-nual facility rental cost or rental value for up to 10 years. The company may collect a job assessment fee of up to 5.0% of thegross wages of each employee whose job is created by the project and who is subject to Kentucky income taxes. The em-ployee receives credits for the fee against withheld state income taxes and occupational taxes.

KJDA charges a closing fee of 0.1% of approved costs. Additionally, projects approved pay an annual fee equal to 5% ofthe total KJDA tax credits and wage assessments taken for the previous tax year, for a state research fund.

BLUEGRASS STATE SKILLS CORPORATION (BSSC)BSSC, an independent quasi-public corporation within the Cabinet for Economic Development, provides grants for custom-

ized skills training of workers for new and expanding business in Kentucky. Grants are awarded for portions of an employer’scosts of training Kentucky residents in job skills ranging from entry level to advanced, including retraining and skills upgradingof existing employees. BSSC works with other employment, job training resources, and financial incentive agencies to design atraining program customized to meet the specific needs of a company.

This publication is created by Southeast Kentucky Economic Development Corporation (SKED). For comprehensive information on community resources,available buildings and low-interest loan information, go to www.southeastkentucky.com

CLINTON COUNTY • KENTUCKY • USAFinancial Incentives