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Artificial intelligence and a new firehouse: Greenberg unveils $1.2 billion budget proposal

Artificial intelligence and a new firehouse: Greenberg unveils $1.2 billion budget proposal

Yahoo24-04-2025

From using artificial intelligence for Metro Government operations to funding the first new firehouse in over a decade, Mayor Craig Greenberg unveiled a number of new priorities in his proposed $1.2 billion city budget.
Now, the Louisville Metro Council will work to amend the budget over several weeks, before approving a finalized version in the summer.
In the budget proposal, released on April 24, Greenberg prioritized funding for public safety initiatives, including a new drone program, three new economic development funds and additions to the Community Care Campus, among others.
However, several notable projects received no funding this year, including the reconstruction of the Belvedere, the universal pre-K non-profit Thrive by Five and a proposed first responder training center.
The projects have not been canceled, but the administration did not believe the organizations were in a position where they needed new funding this budget cycle. Instead, Greenberg chose to invest the limited funds into other areas.
He also hopes to cut $5 million from city department spending, though it will not be a blanket 1% cut, as it was for the 2025 fiscal year.
Here's where Greenberg wants to put money for the 2026 fiscal year:
Greenberg announced plans to spend a "significant portion" of the city's budget on emergency services — from the Louisville Metro Police Department to the Louisville Fire Department to Alcoholic Beverage Control, and several others.
He also wants to launch a new drone program, which would make drones available to first responders at fires, hostage standoffs and other emergency scenes.
Greenberg also proposed to fund a new fire station for Engine 23, which is located next to Iroquois Park. The station is too small to house female firefighters, due to constraints on space for beds and bathrooms. Greenberg hopes the new funding, if approved, could change that.
In preparation for the proposed development around Slugger Field, Greenberg hopes to invest in infrastructure improvements for the "Diamond District." This will include paving, tree planting and plans to develop under a nearby overpass, though it is unclear what that could look like.
Three new development funds, each with $3 million, will be allotted to the East, West and South Ends. The South End fund will be focused on spurring business development, while the East End fund has been earmarked for infrastructure improvements. The last $3 million will go to Simmons College for its new STEM-focused campus near Shawnee Park.
Greenberg has allotted money for KentuckianaWorks, Goodwill, the AHOY Children's Museum, One West and the YMCA's Early Learning Readiness program.
Greenberg intends to automate some government functions with artificial intelligence, including open records requests and planning and zoning permits.
He also proposed a 5% raise for all non-union city employees and matching government city employees' contributions to a tax-free, early childhood flexible savings account.
His budget includes $30 million for paving, $2 million for sidewalks and $1 million for alleys — in addition to the $3 million East End Infrastructure Improvement Fund.
Greenberg earmarked $750,000 to external agency arts organizations, $750,000 to violence prevention external agency programs and $750,000 to social service external agencies.
Parks could also get a bump in deferred maintenance money, with the amount going from $2.9 million in the last budget to $3.2 this budget.
The full budget proposal will be available on the government's website.
More: Greenberg unveils Kentucky Derby guest list for 2025. Here's who's on it
This story will be updated.
Reach reporter Eleanor McCrary at EMcCrary@courier-journal.com or at @ellie_mccrary on X, formerly known as Twitter.
This article originally appeared on Louisville Courier Journal: Louisville mayor pitches AI, new firehouse, pay raises in new budget

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Greenberg: 'Long-term solutions' being considered to curb rowdy crowds on Bardstown Road
Greenberg: 'Long-term solutions' being considered to curb rowdy crowds on Bardstown Road

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Greenberg: 'Long-term solutions' being considered to curb rowdy crowds on Bardstown Road

Mayor Craig Greenberg said June 5 that more long-term solutions are being considered to deal with unruly crowds that have shut down Bardstown Road for two consecutive weekends. Greenberg's comments followed a meeting among business owners and residents in the Highlands neighborhood to discuss what can be done after hundreds of people flooded the area around Bardstown Road and Grinstead Drive, blocking traffic and disturbing neighbors in the early morning hours. 'We want Bardstown Road to remain a thriving commercial corridor with great shops, great businesses, bars, with restaurants, with great different types of residents living all around us well, and that's where we're headed,' Greenberg said. Greenberg was reluctant to reveal what long-term courses of action were discussed at the June 5 meeting. He said some of the solutions he was considering 'could be happening at the state level' and others would require Metro Council approval, but that he was not considering forcing bars to close earlier at this time. 'I don't want to get too far ahead of that, because we still need to research some of them,' he said. Highlands Commerce Guild President Aaron Givhan said June 5 that one suggestion he's heard from residents is a mandatory 2 a.m. closing time for bars. 'They want quiet in their neighborhood,' Givhan said, 'And that is a fair request.' The Highlands Tap Room on Bardstown Road is one bar that closes at 4 a.m., but it recently came to a voluntary agreement with city officials to temporarily close its doors at 2 a.m. on the weekends to curb disturbances in the neighborhood. For some bars and businesses like Taco Bell, the 2-4 a.m. window is cash bearing, Givhan said, giving them a 'true financial reason to be open.' He added he was concerned that if the rules change for one bar, they would have to change for all bars in Jefferson County. 'The resolution is working together to calm things down,' he said. 'As long as the businesses remain in an acceptable, law-abiding demeanor, there is no reason to punish them, and that's where the guild comes in. We are not into punishment.' Discussion of reform in the Highlands came to a head when hundreds of people swarmed the intersection of Bardstown Road and Grinstead Drive in the early hours of the morning Memorial Day weekend. LMPD made no arrests on that occurrence, but when a crowd amassed again the following weekend, officers arrested three people for disorderly conduct. After the events on Memorial Day weekend, Councilman Ben Reno-Weber, whose district includes the Highlands, promised increased police presence in the neighborhood. Business owners were encouraged by LMPD to file Trespass Enforcement Request Forms, which authorize officers to address trespassing without an on-site complaint. Sergeant Matt Sanders said that LMPD plans to be in the area from 6 p.m. to 4 a.m. Friday and Saturday night, with mounted patrol stationed on the street to discourage crowds from forming. This story may be updated. Reach reporter Molly Gregory at msgregory@ This article originally appeared on Louisville Courier Journal: Greenberg talks possible solutions for late-night crowds in Highlands

Maxwell: Will Florida's new U.S. Attorney target corruption?
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It's early days for USDG, a stablecoin that debuted in November, but a thousand firms could join the Global Dollar group that helps popularize the token in return for a share of the yield earned on reserve assets, according to crypto exchange Kraken, one of the founding partners. USDG, whose other backers include trading platform Robinhood (HOOD), stablecoin issuer Paxos, crypto investor Galaxy Digital and crypto bank Anchorage Digital, recently welcomed 19 new joiners, many of them crypto native firms. Banks and large traditional finance firms are also lining up, Kraken's consumer business lead Mark Greenberg said. 'There are 25-plus partners now, and I hope in another month, we'll be announcing the next 25, and then the next 25. So from 25 to 50 to 1,000," Greenberg said in an interview. "I'm very excited about some of the partners coming up in traditional finance and in crypto — big names on both sides. We're talking to a lot of banks and I think a few will be coming online soon.' The changing dollar stablecoin landscape has been dominated by two big players: Tether's USDT, far and away the largest at a market cap of over $150 billion, and Circle's USDC which commands a circulation of just over $60 billion. USDG has just $276 million, making it the 24th-largest stablecoin in a CoinGecko ranking. Paxos, the New York-regulated stablecoin specialist underpinning USDG, originally offered a contender to USDC and USDT in the form of tie-up with exchange giant Binance, but the partnership was discontinued for regulatory reasons. Greenberg said Global Dollar is a 'true consortium,' and Paxos is a distribution partner, albeit with some particular administrative duties. 'We are building a decentralized community around the stablecoin, with yield that goes back to everybody,' Greenberg said. 'Some of us are founding partners, and if we were a property company, Paxos would be the property management. They make sure that the licenses are in place and that the treasuries are handled properly and that the minting is done. But it's on all of us to be equal partners in making the Global Dollar network a success.' Driving the consortium's growth is the offer of yield, which both incentivizes firms to join up, and also reimagines stablecoins as part of the wider financial system, Greenberg said. It's also how USDG plans to challenge the dominance of Tether and Circle. 'I believe in decentralization over centralization. I believe in giving the value back to users, and USDG is doing that in a way that you can't with Circle or Tether today,' said Greenberg. 'Tether and Circle make a lot of money. In banking you give your deposits and they do things with it, but you get almost nothing back. But stablecoins shouldn't be like that.' Kraken moves a lot of money around the world and naturally the firm has been using USDG, eating its own dog food, in business innovation parlance. 'We use global dollars and the USDG all over the world,' Greenberg said. 'You send a wire and it can take four or five days and get stuck in some random bank along the way. That's already changing really fast. And you see players like Visa and MasterCard and others come to the table and stablecoins start to play that role in a much bigger way.' Kraken's clients are also taking advantage of earning up to 4.1% on U.S. dollars in every country in the world by putting their money in USDG, Greenberg added. 'If you're in the U.S., maybe that's not that exciting, because there are other ways to do that. But if you're in Argentina, or if you're in Canada, where there are no U.S. dollar accounts and earning 4.1% is unheard of, it's a very cool opportunity to make that happen.' UPDATE (May 22, 16:22 UTC): Rewrites headline, first paragraph to make clear Global Dollar is the name of the consortium, USDG the name of the stablecoin.

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