Board delays decision on value of Kentucky governor’s home

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LOUISVILLE, Ky. (AP) – Local officials are reconsidering the value of a home Kentucky Gov. Matt Bevin purchased from a friend and campaign donor.

The issue is whether Bevin and his wife got a sweetheart deal on the house in a wealthy suburb of Kentucky’s largest city. The Bevins purchased the home for $1.6 million from Neil Ramsey, a friend who owns an investment company. The Jefferson County property valuation administrator says the property is worth $2.9 million.

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Wednesday, Bevin’s attorney argued before the assessment appeals board the property was overvalued. The Bevins bought a smaller segment of the property and say the house is in disrepair.

The board did not make a decision Wednesday. They plan to inspect the house next month and make a decision soon after.

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7/19/2017 5:46:25 PM (GMT -4:00)