Commerce Lexington is pleased to announce that Betsy Dexter, Senior Vice President, Talent & Education Strategy, has been selected to participate in the U.S. Chamber of Commerce Foundation’s Business Leads Fellowship Program. This year’s cohort includes 35 fellows from 19 states who will take part in the six-month program consisting of both virtual and in-person workshops. “We created the Business Leads Fellowship Program in response to the needs of our state and local chamber partners,” said Kyle Butler, Senior Manager, Programs, K-12 Education at the U.S. Chamber of Commerce Foundation. “They, better than anyone, see the critical link between education and economic development, and we are glad to be able to support them as they take on this critical leadership role in their community.” Background:
Fayette County Public Schools (FCPS) is facing a projected $16 million shortfall in its proposed $813 million FY 2025–26 budget (less than 2% of the budget). To address the gap, the school board voted to increase the local Occupational License Tax (OLT) from 0.5% to 0.75% on people who live and work in Fayette County – generating over $30 million annually. However, following community concerns about transparency, public engagement, fiscal responsibility, and economic impact, FCPS leaders paused the implementation of the tax proposal and formed a budget solutions working group to review the budget, explore cost savings, and recommend solutions. Commerce Lexington representatives on the working group included Hunter Stout (Keeneland), Dr. Stephen Behnke (Lexington Clinic), and Rob Shear (SRC), along with other community leaders. The FCPS School Board is scheduled to revisit the budget issue on Monday, August 18. Commerce Lexington Statement: A thriving workforce and community require a strong public school system. That’s why Commerce Lexington members have participated in the Budget Solutions Workgroup. We want to ensure that Fayette County students and educators have the resources they need for continued success. Fayette County Public Schools – from Superintendent Demetrus Liggins to classroom teachers and support staff – provide students with a world-class education. The results speak for themselves. In the last four years, FCPS students are recovering learning loss in reading at three times the national average and outpacing the national average in math recovery, graduation rates are steadily increasing, the number of students taking at least one college-level class has nearly tripled, and FCPS produces 32 percent of the state’s highest-performing students with only 6.5 percent of Kentucky’s total student enrollment. Commerce Lexington is proud to announce that it has been named a 2025 Economic Development Organization (EDO) of the Year by Business Facilities, marking its second consecutive year receiving this recognition. The award underscores the organization’s commitment to driving regional growth through innovative programs, strategic collaboration, and a unified vision for the future of the Greater Lexington Region. The Business Facilities EDO Awards celebrate organizations that demonstrate exceptional leadership in fostering economic development, supporting workforce initiatives, and creating impactful projects across the nation. The 2025 award recognizes Commerce Lexington’s efforts leading the Regional Competitiveness Plan, which supports advancing the region’s economic resilience and competitiveness through comprehensive initiatives and regional cooperation strategies. Delegation Advocates for Greater Lexington’s Federal Priorities During Washington, D.C. Fly-In7/18/2024
Last week, 40 regional business and community leaders traveled to the nation’s capital for the annual Washington, D.C. Fly-In presented by Columbia Gas of Kentucky to act as policy ambassadors for the nine-county Bluegrass Region. During the July 9-11 visit, leaders from Greater LEX met with members of Kentucky’s Congressional Delegation and staff about priority issues to enhance regional competitiveness and policies that support the ongoing Regional Competitiveness Plan.
Greater Lex leaders engaged with U.S. Senate Republican Leader Mitch McConnell, U.S. Senator Rand Paul, U.S. Representative Andy Barr (KY-6), U.S. Representative James Comer (KY-1), U.S. Representative Brett Guthrie (KY-2), and U.S. Representative Morgan McGarvey (KY-3). Karen Kelly, chief of staff for U.S. Congressman Hal Rogers, briefed the group on behalf of the Congressman who was finalizing House appropriation bills. Given the leadership roles and key committee assignments (appropriations, energy and commerce, financial services, government oversight and transportation), Kentucky’s Congressional delegation is positioned to be highly influential and effective for Central Kentucky interests. Commerce Lexington is pleased to announce that it has launched a new and improved on-line Job Board platform that will be beneficial to both employers and job seekers across the region. While Commerce Lexington member businesses can post job opportunities at no charge as a member benefit for up to 60 days, the job posting option is now available to all businesses across the region for a nominal cost, providing a more local and targeted approach to hiring. This new Job Board is more user-friendly with jobs searchable by keyword, location, industry, and employment type. Employers can also take advantage of added upgrades when posting jobs, such as featured listings that include listings pushed to the top of the board, highlighted posts, and jobs published to the Google Jobs Network. There is also a Résumé Bank that enables people to upload their résumés for added visibility and employers to source qualified candidates. Résumés connect directly to member profiles to make follow-up easy. Commerce Lexington President and CEO, Bob Quick, said, “Employers have been facing huge challenges of maintaining and growing their workforce, and this new on-line platform will help them better promote job openings and connect with job seekers. There is an ongoing regional collaborative initiative that includes nine counties and aims to improve our ability to compete for jobs and talent. This new Job Board will most certainly bolster those efforts to recruit and retain talent within our region.” Employers and job seekers across the region can access the new Job Board on-line here: https://commercelexington.mcjobboard.net/jobs . |


