Amid a budget crunch after hundreds of federal jobs were eliminated in Covington, causing a massive loss in payroll tax, LINK’s media partner, WCPO, sat down with Mayor Ron Washington to see where his priorities lie for the city’s spending. LINK nky originally reported that the budget took a hit with the late-June revelation that […]
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Understanding Covington’s general fund shortfall: Could working from home be a factor?
The City of Covington has attributed its recent budget shortfalls to rising work-from-home policies. Covington’s Finance Director Steve Webb disclosed during a presentation at a city commission meeting on May 23 that the city’s general fund’s expenditures had exceeded its revenue for the third quarter of the 2023 fiscal year, which ends on June 30. […]