What Will Pikeville Be Like In 2025
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Sad

Red Jacket, WV

#22 Sep 27, 2013
A day I will hate to see.
Boom or Bust

Lebanon, KY

#23 Sep 27, 2013
road_rage wrote:
Nothing will happen to Pikeville. It's a college town. College kids will keep the stores busy with mommy and daddy's money.
If anyone leaves, it will be the out of work miners right now, and by this time, Pikeville won't be feeling the pressure.
A lot of the upper echelon in Pikeville make their money from the coal industry, in one form or the other. As the coal industry in the county declines and more people move out of the area Pikeville will lose revenue. The taxes are already to high in Pikeville but as Pikeville loses population and business they will raise the property and other taxes to try maintain the same level funding. When they do that they will drive more people out of the Pikeville city limit to escape the higher taxes. You will have a Whitesburg or a Wayland for sure, or maybe an Elkhorn city with one cop and can't afford to pay the water bill. You can look at some boom towns like Hellier and see how far you can fall.
The city has yet to recognize the obvious, the total eradication of the coal industry over the next 10 to 20 years, they have never done a study to see how much coal related money actually comes into Pikeville or how they will make up the shortfall when they lose it. The bunch you have in Pikeville government now are well suited for the boom times but it will be the next city government that will have to learn how to maintain what you have with less money and not tax every business and individual out of Pikeville. Transition time, a time between the boom and bust, you need a transition government that know how to navigate through tough economic times as the coal industry downsizes.
I really think they have their heart in the right place with a lot of these projects but need to have a reality check. They need to project a 5 and even 10 year budget with coal revenues falling, coal severance tax and the taxing base that will dwindle as the industry shrinks.
Pikeville is the county seat of a coal producing county, a county in which the main industry has been coal and a lot of the business in Pikeville is intertwined with the coal industry if not direct coal industry support business. Most of the business in the Pikeville district depends on the money coal miners and coal companies spend inside the Pikeville city limits.
Any city government that does not take this into account and factor it in will be part of the problem not part of the solution. City government needs to work full time coming up with new ideas to support the tax base, bring more business into the taxing district and as the coal industry shrinks it needs to be not coal industry money they will need to attract. They will also have to learn to do more with less or at least maintain with less. Large expensive projects that are a drain on the city treasure can't be afforded in today's economic turn down. The city is taking on a lot of projects that will drain the treasury trying to keep them afloat and they will try to keep them afloat to save face. Not have to admit they made a mistake, funded a project that may have been doable in good times but will be a drain on the treasure when tax revenues fall. By not doing 5 year budget projections grounded in the reality of todays coal market they are doing the city a disservice. They won't be able to tax their way out of these boondoggles, they will drive out what business they have left.

“lmao I'm a flamer”

Since: Nov 10

Point Pleasant, WV

#24 Sep 27, 2013
Boom or Bust wrote:
<quoted text>A lot of the upper echelon in Pikeville make their money from the coal industry, in one form or the other. As the coal industry in the county declines and more people move out of the area Pikeville will lose revenue. The taxes are already to high in Pikeville but as Pikeville loses population and business they will raise the property and other taxes to try maintain the same level funding. When they do that they will drive more people out of the Pikeville city limit to escape the higher taxes. You will have a Whitesburg or a Wayland for sure, or maybe an Elkhorn city with one cop and can't afford to pay the water bill. You can look at some boom towns like Hellier and see how far you can fall.
The city has yet to recognize the obvious, the total eradication of the coal industry over the next 10 to 20 years, they have never done a study to see how much coal related money actually comes into Pikeville or how they will make up the shortfall when they lose it. The bunch you have in Pikeville government now are well suited for the boom times but it will be the next city government that will have to learn how to maintain what you have with less money and not tax every business and individual out of Pikeville. Transition time, a time between the boom and bust, you need a transition government that know how to navigate through tough economic times as the coal industry downsizes.
I really think they have their heart in the right place with a lot of these projects but need to have a reality check. They need to project a 5 and even 10 year budget with coal revenues falling, coal severance tax and the taxing base that will dwindle as the industry shrinks.
Pikeville is the county seat of a coal producing county, a county in which the main industry has been coal and a lot of the business in Pikeville is intertwined with the coal industry if not direct coal industry support business. Most of the business in the Pikeville district depends on the money coal miners and coal companies spend inside the Pikeville city limits.
Any city government that does not take this into account and factor it in will be part of the problem not part of the solution. City government needs to work full time coming up with new ideas to support the tax base, bring more business into the taxing district and as the coal industry shrinks it needs to be not coal industry money they will need to attract. They will also have to learn to do more with less or at least maintain with less. Large expensive projects that are a drain on the city treasure can't be afforded in today's economic turn down. The city is taking on a lot of projects that will drain the treasury trying to keep them afloat and they will try to keep them afloat to save face. Not have to admit they made a mistake, funded a project that may have been doable in good times but will be a drain on the treasure when tax revenues fall. By not doing 5 year budget projections grounded in the reality of todays coal market they are doing the city a disservice. They won't be able to tax their way out of these boondoggles, they will drive out what business they have left.
If you're not part of the solution, you're part of the problem. It's time for a change. Too many pessimistic citizens here. Instead of saying we can't, it should be we can. This town isn't centered around coal. It's centered around the college. I didn't say that we wouldn't feel the pain now, but we will survive. Things will pick back up. You'll see.
We can only hope

Lebanon, KY

#25 Sep 27, 2013
road_rage wrote:
<quoted text>
If you're not part of the solution, you're part of the problem. It's time for a change. Too many pessimistic citizens here. Instead of saying we can't, it should be we can. This town isn't centered around coal. It's centered around the college. I didn't say that we wouldn't feel the pain now, but we will survive. Things will pick back up. You'll see.
Hope you are right! Live for the day but plan for the worst! I actually will be tickled to death if you are right!

“lmao I'm a flamer”

Since: Nov 10

Point Pleasant, WV

#26 Sep 27, 2013
We can only hope wrote:
<quoted text>Hope you are right! Live for the day but plan for the worst! I actually will be tickled to death if you are right!
I hope so too. But you can also live for the moment, lol ;)

“PROUDLY PUNKING MODS & TROLLS ”

Since: May 13

FOR 1/2 A DECADE!!!

#27 Sep 28, 2013
I don't think Pikeville is as centered around the College as much as it is the Hospital these days. PMC has bought up almost every available piece of property within Pikeville City limits...everywhere you look you see that same PMC color
scheme anymore (i.e. black, dark grey, red) on bldgs.
We can only hope

Winchester, KY

#28 Sep 28, 2013
PAT RlOT wrote:
I don't think Pikeville is as centered around the College as much as it is the Hospital these days. PMC has bought up almost every available piece of property within Pikeville City limits...everywhere you look you see that same PMC color
scheme anymore (i.e. black, dark grey, red) on bldgs.
Correct, if Upike had made their bid to become a state school maybe it would have helped, as is tuition is to high and enrollment will dry up as the grant money dries up. Hospital is a large part of the economy but one you take it down to the college and the hospital you will still be over 50% short on revenue once you remove all the coal money that comes into town. Some restaurants are already feeling the effects in the downturn in the economy.
I Agree

Mount Sterling, KY

#29 Sep 28, 2013
Boom or Bust wrote:
<quoted text>
A lot of the upper echelon in Pikeville make their money from the coal industry, in one form or the other. As the coal industry in the county declines and more people move out of the area Pikeville will lose revenue. The taxes are already to high in Pikeville but as Pikeville loses population and business they will raise the property and other taxes to try maintain the same level funding. When they do that they will drive more people out of the Pikeville city limit to escape the higher taxes. You will have a Whitesburg or a Wayland for sure, or maybe an Elkhorn city with one cop and can't afford to pay the water bill. You can look at some boom towns like Hellier and see how far you can fall.
The city has yet to recognize the obvious, the total eradication of the coal industry over the next 10 to 20 years, they have never done a study to see how much coal related money actually comes into Pikeville or how they will make up the shortfall when they lose it. The bunch you have in Pikeville government now are well suited for the boom times but it will be the next city government that will have to learn how to maintain what you have with less money and not tax every business and individual out of Pikeville. Transition time, a time between the boom and bust, you need a transition government that know how to navigate through tough economic times as the coal industry downsizes.
I really think they have their heart in the right place with a lot of these projects but need to have a reality check. They need to project a 5 and even 10 year budget with coal revenues falling, coal severance tax and the taxing base that will dwindle as the industry shrinks.
Pikeville is the county seat of a coal producing county, a county in which the main industry has been coal and a lot of the business in Pikeville is intertwined with the coal industry if not direct coal industry support business. Most of the business in the Pikeville district depends on the money coal miners and coal companies spend inside the Pikeville city limits.
Any city government that does not take this into account and factor it in will be part of the problem not part of the solution. City government needs to work full time coming up with new ideas to support the tax base, bring more business into the taxing district and as the coal industry shrinks it needs to be not coal industry money they will need to attract. They will also have to learn to do more with less or at least maintain with less. Large expensive projects that are a drain on the city treasure can't be afforded in today's economic turn down. The city is taking on a lot of projects that will drain the treasury trying to keep them afloat and they will try to keep them afloat to save face. Not have to admit they made a mistake, funded a project that may have been doable in good times but will be a drain on the treasure when tax revenues fall. By not doing 5 year budget projections grounded in the reality of todays coal market they are doing the city a disservice. They won't be able to tax their way out of these boondoggles, they will drive out what business they have left.
You my friend are a very smart person. Have you ever thought about running for office? Sounds to me like You & more that thinks like you are WHAT WE "NEED".
We can only hope

Winchester, KY

#30 Sep 28, 2013
I Agree wrote:
<quoted text> You my friend are a very smart person. Have you ever thought about running for office? Sounds to me like You & more that thinks like you are WHAT WE "NEED".
If it were not for politics you might be right. A city council or a fiscal court or a state legislature will have politicians that want to be seen as doing something and wanting their name on it. that is how you stay in power, get in the right political click and get reelected. If you bow to fiscal reality and just try to maintain, keep what you got, not fund any new projects you will look ineffective. It is hard to run on we won't be able to fund a lot of new projects but we will try to hold the line on not raising your taxes in a recession and a downturn in the coal market. In other words if you are not rolling out a new project every 3 or 4 months it looks like you are not doing anything.
Hard to keep you name in the paper and on Pike TV is you are just trying to run the city in the black without having to raise more revenue.
Yea

Logan, WV

#31 Sep 29, 2013
Sad History wrote:
Go to Robinson Creek go over Mountain to the once great Wheelwright. Two large movie houses, two bowling lanes, one big Olympic sized swimming pool. Super market half the size of food city. Come on down highway #122 across over at Minnie on the Greg Stumbo highway turn right on Ky #80 visit the once great Wayland almost as pretty as Wheelwright, they had a large drug store restaurant fountain that nicer than anything even Lexington has today, swimming pool two large grocery stores. Then go to Paintsville via #23 stop a Floyd County's Auxier, once the shopping center of East ky. Fresh meat markets, animal auction each Saturday, swimming pools two, two large hardware stores, bowling alley, grocery markets, a big department store. When coal left the businesses left. Go on to Paintsville and eat at the MANDARIN HOUSE RESTAURANT MAKES PEKING LOOK LIKE A GREASY SPOON.
Exactly right, gets your pics now sad not enough pics on these greats towns to show the "youngings" ole, agree taste of the Frog legs at the Mandarin House, they can teach Peking how to spice and good Frog legs and other foods. We go there once every two weeks just for the frog legs. Not a cow in Texas or a fish in the ocean can come up with frog legs done like the Mandarin House.

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