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Finance


Combined trash, storm water bill in the mail

Payment is due April 30; homeowners can also go online   COVINGTON, Ky. – Covington’s Finance Department is mailing a bill to residents today that combines annual fees related to trash collection and storm water service.   Payment is due by April 30.   That’s the quick, basic explanation. But here’s a little additional background: This is the first year ...

City Hall lobby reopening Monday

Public can conduct business at Finance window;  pandemic-related safety protocols in place   COVINGTON, Ky. – Residents and businesses will be able to pay their bills and conduct business in person starting Monday at the Finance Department’s window in the lobby of City Hall.   With Gov. Andy Beshear reporting positive trends in the war against COVID-19 – cases in K...

Covington freezes property tax again

Covington’s property tax rate will remain the same for the fourth year in a row. Rate kept the same for 4th year in a row  COVINGTON, Ky. - Covington’s property tax rates for calendar year 2020 will remain the same for the fourth year in a row.   The Covington City Commission on Tuesday approved rates of 0.327 for real estate and 0.349 for personal prope...

For 27th time in 28 years, Covington earns top certificate for financial reporting

COVINGTON, Ky. - When investors, creditors, bankers, and leaders want to get a thorough look at a City’s finances, they look to its “caffer.”   The Comprehensive Annual Financial Report, or CAFR, is an extremely detailed book that - in the words of those who compile it - “includes all statements and disclosures necessary for the reader to obtain a thorough understandin...

Finance window closed until Monday

COVINGTON, Ky. - The City of Covington Finance Department’s “front” window - where the public pays bills in person - is closed until Monday.   People can still pay bills online, through a user-friendly taxpayer portal, accessed directly HERE... by phone at (859) 292-2180 ... by mail (P.O. Box 643749, Cincinnati, OH 45264) ... or by dropping off payment i...

Property tax timeline delayed by 2 weeks

Pandemic continues to cause disruption   COVINGTON, Ky. - Covington property owners will have two additional weeks to pay their property tax bills this year, thanks to COVID-19.   The City’s Finance Department will mail bills Oct. 1, and payment is due by Oct. 31. In typical years, they’re mailed Sept. 15 and due Oct. 15, according to City ordinance.   The explanation fo...

Budgeting in an ever-swirling environment

The closing of the massive IRS data-processing center late last year created both a financial hit and an opportunity. Pandemic, other pressures made complex task even more so  (EDITOR’S NOTE: This is the second of two releases on the City of Covington’s 2020-21 budget. This release focuses on context for the budget.)   COVINGTON, Ky. - It made one’s head whirl. &n...

Gov. Beshear signs pension relief bills

Covington’s employer contribution rates toward the pensions of its public employees have been increasing 12 percent year over year due to a state mandate. Sen. McDaniel’s ‘freeze’ saves Covington taxpayers $1MM   COVINGTON, Ky. - Kentucky Gov. Andy Beshear recently signed into law two pieces of legislation that will throw the City of Covington a $1 million lifeline in...

Business tax deadline pushed back 90 days

City relieving financial pressure on businesses COVINGTON, Ky. - Businesses who must file occupational license and net profits tax forms with the City of Covington will automatically have an extra 90 days to both file the forms and make any tax payments.   The extension is one of three executive orders signed by Covington Mayor Joe Meyer late Wednesday to help local businesses stay solve...

Businesses reminded: Don’t forget the OL-3

Tax season: Time to file occupational fee/license renewal   COVINGTON, Ky. - With accountants neck deep in tax season, Covington’s Finance Department has a friendly reminder for businesses: Don’t forget to fill out the City’s Form OL-3.   That’s the annual Occupational Fee & Business License Renewal Return - and it’s required to be filed by ALL ...
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