Financial Transparency Portal
In an effort to continue to enhance transparency in financial reporting, the City of Covington is offering an interactive reporting tool that allows citizens to explore the City of Covington's budget data online in various graphical formats selected by the user. OpenGov, a California-based company specializing in financial transparency, pioneered this online application. To view the City's Transparency Policy, click here.
A Financial Transparency Portal has been created for users to view financial data based on previous and current budgets. Information is included for prior Fiscal Year budgets and actuals, as well as the current budget and proposed budgets. Users can view the data and drill down to detailed expenses/revenues or view the information at the highest level. Users can also download the data into an Excel spreadsheet. To learn how to use the website, please visit the OpenGov User's Guide.
The City of Covington also produces and distributes the budget electronically via the City's website. Online, you can find electronic copies of the current and historic Annual Budgets, Annual Financial Reports, and more. Please visit the Finance Department page on the City’s website, click here.
Tips on Using the City of Covington's Financial Transparency Portal
- The portal allows you to explore budget and historical finances in a simple graphical user interface. The main view includes a chart or graph, a legend and various controls to view expenses by departments out of various funds.
- You can access the portal by navigating to https://covingtonky.opengov.com/transparency.
- You'll notice the title of the chart or graph you are viewing on top along with the account type selector. You can use the filter to see the data that is of most interest to you.
- To focus on specific data - like a fund, department, expense type, or any combination - look to the left and use the menu on the side panel. These selectors allow you to specify exactly what breakdown you want the graph or table to represent. When you select "Filtered By" the data filter pops up and allows you to turn on or turn off selected filters for that category - funds, departments, expense type.
- Keep in mind that some departments or expenses only receive funds from specific funds - if the department or expense is not funded from a particular fund, it will be grayed out.
- There are five different types of visual representations of the data - an area graph, an area graph by percentage, a line graph, a pie chart and a table. You can change your view at any time by simply selecting the different type of representation. The data will automatically convert. These functions are on the top right.
- You can also download the data into a .csv spreadsheet or a .png image.
- You can share the data, in any view, on a social network or by email.
- The City of Covington’s main fund is the General Fund. The General Fund includes all the City’s departments such as the City Manager’s Office, City Mayor's Office, Human Resources, Finance, General Government, Police, Fire, Public Works, Development, Parks and Recreation Department, etc, as well as Debt Service and Capital.
Frequently Asked Questions (FAQs):
Click these links to answer some frequently asked questions related to the City's budget (results/reports will open in the area below):
- What are the average run times for the first arriving unit to EMS calls by neighborhood?
- What does the City pay for debt service?
- What does the City spend on capital projects?
- What does the City spend on police services?
- What does the City spend on fire services?
- What does the City spend on public services?
- What are the City's non major expenses?
To view more information on the OpenGov User Guide and City Transparency Policy, please view the links below: