What you need to know The Covington Board of Commissioners cast votes both approving and opposing several statehouse bills this week. Specifically, they cast a vote approving a bill to reform how local occupational tax is collected for certain companies. Meanwhile they voted to oppose a bill that would mandate additional taxes on alcohol sales, […]
Tag: Taxes
Posted inNews
Fort Wright to see lowest property tax rate since 2008
Fort Wright City Council held its first reading this week of the proposed 2025-2026 property tax rate. The real property tax rate will decrease, and the personal (“tangible”) property rate will stay the same at 3.85%. “The proposal this year is a fairly substantial tax cut,” Fort Wright Mayor Dave Hatter said. “As a whole, […]
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Work from home leads to city budget deficit: Covington mayor asks state legislators what can be done
Covington Mayor Joe Meyer spoke to Kentucky legislators about the effect of work-from-home labor policies on city finances at a Kentucky House Budget Review Subcommittee meeting Wednesday morning. He asked the committee members to consider changes to local tax policies that would allow cities to become less reliant on occupational license fees, often referred to […]
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Fort Wright votes to raise property taxes: ‘Fiscal picture is still extremely good’
Property tax rates are increasing in Fort Wright in 2023. A public hearing was held on the property tax rates at a September Fort Wright City Council Meeting. No citizens shared an opinion on the proposed tax rates for the 2023 fiscal year. Still, Mayor Dave Hatter explained the calculations that lead to this year’s […]
Posted inFeatured Story
‘It’s obscene’: Kenton tax increases rile critics, create confusion
This story originally appeared in the Sept. 1 edition of the weekly LINK Reader. to see these stories first, subscribe here. Erlanger City Council member Tyson Hermes stood at a December 2022 Kenton County Fiscal Court meeting. Addressing Judge/Executive Kris Knochelmann, county commissioners and staff sitting behind desks surrounding the platform where he stood, Hermes, […]
Posted inOpinion
Op-Ed: An easy tax change to support small businesses in Kentucky
Written by Kevin Moser, managing partner of Anneken, Huey, & Moser PLLC; and Sarah Whitaker, owner and client success Manager at Williams Advertising, LLC. For small business owners, every dollar counts. This is especially true today. With labor and materials costs rising rapidly, small business owners are looking everywhere they can for savings. Lawmakers in […]
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Campbell County Board of Education lowers property taxes once again
For the third consecutive year, the Campbell County Board of Education has lowered real estate property tax rates for property owners who live within the Campbell County School District. At the tax rate hearing on Sept. 1, the board voted to set Campbell County Public Schools property tax rate at 64.5 cents per $100 of […]
Posted inFrankfort, News, Politics, Top 3
Rep. Koenig’s House Bill 607 on pari-mutuel betting easily passes in Senate
House Bill 607, co-sponsored by Rep. Adam Koenig of Erlanger, has officially passed the Kentucky Senate with a final vote of 33-1. There was one abstention. The bill will now return to the House of Representatives to concur on changes made in the Senate before being sent off to the desk of Gov. Andy Beshear. […]
Posted inGovernment & Politics
Gov. Andy Beshear signs vehicle valuation tax freeze bill into law: ‘It’s going to help our folks’
Kentucky Gov. Andy Beshear officially signed a bill into law yesterday officially freezing the vehicle property tax rate. Rep. Sal Santoro of Union was one of the co-sponsors for House Bill 6. Santoro joined Beshear at the official signing of the bill. House Bill 6 requires a vehicle to be valued at its average trade […]
Posted inNews
Kentucky taxpayers to potentially receive rebates
Northern Kentucky Senator Chris McDaniel (R-Taylor Mill) announced a Senate taxpayer relief measure that will potentially see families across the state receive tax rebates due to the rising cost of inflation. Here are the details of the rebate: -To combat inflation, Kentucky residents will potentially receive rebates from the previous tax year. (Not the 2021 […]
