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 […]
Tag: budget
Posted inNews
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 […]
Posted inNews
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.
Posted inNews
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.
Posted inNews
Covington’s second quarter financials better than expected, city says
The Covington Department of Finance presented its budget for the first half of the fiscal year, showing an increase in revenue at the end of the second quarter, even though a gap in payroll tax revenue due to work-from-home arrangements persists.
Posted inNews
Covington lays out programs cut due to budget shortfall
The Covington City Commission discussed the programs and services the city would be unable to fund due to declining payroll tax revenue at their meeting on Tuesday, with the city having to redirect $16.7 million in ARPA funds to maintain basic services.
Posted inNews
Covington faces criticism for firefighter overtime changes
The Covington City Commission listened to public criticism on Tuesday, with complaints focused on the city’s overtime policy for its firefighters and the effects it had on staffing levels.
Posted inInfrastructure
Boone County animal shelter project over budget by $280k
Citing issues encountered amid the work, the cost of the Boone County animal shelter construction project will exceed budget by approximately $280,000, officials said. “This is comprised of some field issues that must be remediated, some inflationary costs related to our owner-provided equipment and a recommended change in scope for security access control,” Boone County […]
Posted inEducation
A breakdown of NKU’s new budget
Northern Kentucky University announced Wednesday it had reduced its budget deficit from $24.2 million to $9.6 million since late last year. Now, the university is tasked with continuing to dig itself out of a hole over the course of the next year. As part of the new budget, NKU cut 100 faculty positions and […]
Posted inNews
Campbell County Fiscal Court adopts 2022-2023 budget
The Campbell County Fiscal Court approved their 2022-2033 fiscal year budget for $53,061,888 Thursday, noting an increase in department operating expenses due to inflation. Another item of note, said Campbell County Finance Director and Treasurer Marie Schenkel, is the increasing cost of jail operations to continue the substance use program and for employee attraction and […]
