Employment numbers and value of agriculture production and processing in Fayette County*
|
Employees
|
Gross Product Generated
|
|
8,542
|
$803 Million |
* Includes farms and ancillary industries, i.e. veterinary services, feed stores, etc.
– Dr. Timothy Woods, Agri-business Task Force Study, 2005
The Employee withholding tax and payroll tax are major revenue sources for the city.
– American Farmland Trust, “The Cost for Community Services inLexington-FayetteCounty Kentucky”, 1999; LFUCG Dept. of Revenue, 2006
LFUCG Dept. of Revenue does not know the amount of tax revenues generated by Fayette County Agribusiness or its related industries.
– LFUCG Dept. of Revenue, 2006
All in all, agriculture has over a $2 billion impact on the regional economy each year.
– Dr. Timothy A. Woods, Agri-business Task Force Study, 2005













