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Finance

Covington Presented with $2 Million Budget Carryover

COVINGTON, KY – Covington’s Board of Commissioners were presented with relatively good news during their meeting Tuesday night in the form of a $2.19 million carryover from the previous fiscal year. A presentation on the City’s Annual Financial Report by the accounting firm Clark S...

Covington Presents Fiscal Stability Ordinance; Strategic Plan for Use of City Funds

COVINGTON, KY – City Manager Larry Klein and Interim Finance Director and City Operations Director Lisa Desmarais presented Covington’s Board of Commissioners with an overview of a proposed Fiscal Stability Ordinance last night. The ordinance is the result of an anticipated budget carryo...

Covington Residents Will Notice Changes to Annual Tax Bills

COVINGTON, KY – Covington residents receiving their annual tax bills this week should be aware of some changes from previous years. As in the past, the statements include annual property taxes. Also included this year, are six months of waste and recycling services fees for the period of July ...

Covington Approves Annual Tax Rate

COVINGTON, KY – After spirited debate about fiscal responsibility and the cost of providing services, the City of Covington Board of Commissioners approved an increase in the property tax rate at its August 25 meeting. Much of the discussion hinged on public safety, fire and police staffing ...

City Seeking New Finance Director

The City of Covington is seeking a qualified candidate for the position of Finance Director. This position works under the direction of the City Manager and serves as Chief Financial Officer of the City. The Finance Director plans, organizes, directs, controls and evaluates the activities of the Fin...

City Manager's Proposed Budget for Fiscal Year 2016 Released

  COVINGTON, KY – City Manager Larry Klein presented his proposed budget for fiscal year 2016 at last night’s City Commission meeting. In accordance with Kentucky Revised Statute, the City Manager must recommend a structurally balanced annual budget no less than 30 days prior to the...

City Real Estate Tax Bills Reissued; City Working on Correction

COVINGTON - Today, corrected Real estate tax bills were sent out by the City to approximately 800 taxpayers who received incorrect bills three weeks ago.  An additional 400 corrected bills are currently being processed.   Subsequent to the City's mass mailing of the Real Estate Tax Bills i...
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