Covington’s budget for the next fiscal year, the first reading of which took place this week, is shaping up to be slim and conservative as the city attempts to steady itself amidst the prospect of continued federal job loss and other economic uncertainties. “This year’s [fiscal year 2026] budget maintains the status quo approach, reflecting […]
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Fort Wright budget doesn’t raise taxes
Fort Wright City Council heard the first reading of an annual budget that requires no raise in taxes. Council members promise that services will remain “superior” and that taxpayer funds will be used appropriately. “Basically, we’re keeping the same level of service and infrastructure,” Fort Wright Mayor Dave Hatter said. “All the stuff that makes […]
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How does Campbell County’s budget differ from last year’s?
This week, the Campbell County Fiscal Court conducted the first reading of its proposed budget for the 2026 fiscal year, which begins July 1. About 17% of the operating budget remains for this fiscal year, said County Treasurer Laura Lewis during a presentation to the fiscal court on Wednesday. There were a handful of key […]
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How does Kenton County’s proposed budget differ from last year’s?
Kenton County Fiscal Court held a first reading this week of its proposed budget for the 2026 fiscal year, which begins July 1. There was little discussion of the budget at the meeting, but documents from the fiscal court show a handful of key differences from fiscal year 2025. Some key differences from last year […]
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Covington calls for ‘status quo’ budget amid economic uncertainty
Covington kicked off its budget talks Saturday, with Mayor Ron Washington and City Manager Ken Smith urging a “status quo” approach as economic uncertainty looms. “With the current uncertainty of our federal government, there’s a lot of rumors or whatever that’s in the community,” Washington told the other meeting attendees at the beginning of the […]
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Boone County officials review proposed budget ahead of fiscal year 2025-2026
Boone County officials are evaluating the county’s proposed budget plan for the upcoming 2025-2025 fiscal year, which begins on July 1. At a fiscal court caucus meeting on April 23, Boone County Administrator Matthew Webster showcased the county’s preliminary budgetary initiatives, which included increasing county staff. Webster collaborated with newly appointed Treasurer Lisa Goetz when […]
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Funding for SROs beefed up as school ‘guardians’ law takes effect
As a new school safety law that will allow armed military veterans and former police to patrol schools took effect last week, state officials touted funding for sworn law enforcement on school campuses. State education finance official Matt Ross reminded superintendents in a July 9 webcast about new state funding available to offset the salary […]
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NKY Chamber says no new B2B sales tax expansion ‘best part’ of 2024 revenue bill
An expansion of Kentucky’s 6% sales tax to a new list of services was conspicuously left out of a state revenue bill passed by Kentucky lawmakers last spring, and the Northern Kentucky Chamber of Commerce is pretty happy about it. Tami Wilson, Vice President of Public Affairs for the Northern Kentucky Chamber of Commerce, championed […]
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Covington board approves budget early amidst general fund deficit
The Covington Board of Commissioners passed the budget for the next fiscal year ahead of schedule, while also setting fiscal priorities for the city, including separating the parking authority and its financial operations from the city government and completing the review and action on the Covington-Newport bike plan.
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Independence considers projects for next year’s budget
Independence city staff, Mayor Chris Reinersman and two members of the City Council met this week to discuss the financial situation and possible city projects for the next fiscal year. The proposed projects operated under the assumption of the tax rate remaining the same.