Barnes Dennig, an accounting firm contracted with the city of Covington, has issued an unmodified or clean opinion on the city’s financials. This will be the second consecutive year since 1995 that the city has received a clean audit from an independent financial firm. Additionally, the audit suggests that the deficit that has plagued the […]
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Covington considers fixes for tax shortfall
The City of Covington is looking for short-term solutions to the problem of declining tax revenue, including adjustments to the solid waste fee, restructuring of the city’s debt, and adjustments to the city employee benefit structures, among other measures.