A group of economists in charge of forecasting how much revenue Kentucky will bring in the next two fiscal years predicted a more pessimistic financial outlook in the coming years, citing a number of uncertainties in the economy. During a Tuesday meeting, the Consensus Forecasting Group, made up of economists from around the state, chose […]
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Covington audit shows no general fund deficit… for now
What you need to know Covington’s annual financial audit has come back clean for the third year in a row. Additionally, fiscal year 2025, which concluded June 31, was the first time since fiscal year 2021 that the city’s general fund closed the fiscal year with revenues exceeding expenditures, i.e., without a deficit. The general […]
