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Finance

Trash-recycling bill delayed

Separate storm water fee due as usual by March 31 COVINGTON, Ky. – Covington homeowners will have more time this year to pay the annual fee for curbside collection of trash and recycling. In past years, the City included the fee on the same bill that included the annual storm water fee, ...

Finance Director turning heads downstate

Webb named ‘Finance Officer of the Year’ in Kentucky, elected president of statewide GFOA COVINGTON, Ky. – Less than 15 months after becoming the City of Covington’s Finance Director, Steve Webb is earning statewide recognition. On Friday in Bowling Green, Webb was...

Covington property taxes due Monday

COVINGTON, Ky. – With the Oct. 15 deadline for payment falling on a Sunday this year, Covington property owners will have until the end of the day Monday – Oct. 16 – to pay their 2023 property taxes. Residents can pay their taxes online, by mail, by phone, or in person during bu...

Work-from-home trend takes toll on General Fund

City weighing options to fill payroll tax shortfall COVINGTON, Ky. – The work-from-home trend pervading America’s office culture since the beginning of the pandemic in 2020 has crashed down on the City of Covington’s tax revenues. Covington leaders are faced with filling sign...

Trash, storm water fees due March 31

COVINGTON, Ky. – Annual fees related to trash and recycling collection and storm water service are due to the City of Covington by March 31. For most homeowners, the combined bill includes: $152.52 for annual curbside residential waste and recycling collection. $54.48 (or $4.54 a mo...

No financial background needed

New report helps the public understand City’s budget, spending COVINGTON, Ky. – Year in, year out, the City of Covington’s Finance Department receives an award for its financial reporting, courtesy of the Government Finance Officers Association. But the document that wins the...

City maintains A1 credit rating

Wall Street affirms Covington’s financial stability COVINGTON, Ky. – The City has received an A1 credit rating from Moody’s Investors Service for the third year in a row. The A1 rating is one of the highest ratings a debt issuer can receive, classifying Covington’s gene...

Covington cuts property tax 17 percent

New rate likely a historical low COVINGTON, Ky. –  Covington officials have sharply cut the rate at which the City taxes real property to its lowest point in modern history. After freezing the rate for five years in a row, the Board of Commissioners on Tuesday night voted to slice i...

$168MM all-funds budget ‘transformational’

Some 56 percent of the General Fund is allocated to public safety. Among investments: IRS site, Farmers Market, City Hall, affordable housing COVINGTON, Ky. – Continued work to develop 23 vacant acres downtown. A permanent building for the Covington Farmers Market. Work to address slippa...

Covington’s Finance Director retiring

Muhammed Owusu on his 2017 pilgrimage (hajj) to Mecca. Owusu moving back to Virginia to be with wife, family COVINGTON, Ky. – A month shy of his fourth anniversary with the City of Covington, Finance Director Muhammed Owusu is returning home to Virginia – not to take another job b...
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