Pandemic continues to cause disruption   COVINGTON, Ky. - Covington property owners will have two additional weeks to pay their property tax bills this year, thanks to COVID-19.   The City’s Finance Department will mail bills Oct. 1, and payment is due by Oct. 31. In typical years, they’re mailed Sept. 15 and due Oct. 15, according to City ordinance.   The explanation fo...

The closing of the massive IRS data-processing center late last year created both a financial hit and an opportunity. Pandemic, other pressures made complex task even more so  (EDITOR’S NOTE: This is the second of two releases on the City of Covington’s 2020-21 budget. This release focuses on context for the budget.)   COVINGTON, Ky. - It made one’s head whirl. &n...

Covington’s employer contribution rates toward the pensions of its public employees have been increasing 12 percent year over year due to a state mandate. Sen. McDaniel’s ‘freeze’ saves Covington taxpayers $1MM   COVINGTON, Ky. - Kentucky Gov. Andy Beshear recently signed into law two pieces of legislation that will throw the City of Covington a $1 million lifeline in...

City relieving financial pressure on businesses COVINGTON, Ky. - Businesses who must file occupational license and net profits tax forms with the City of Covington will automatically have an extra 90 days to both file the forms and make any tax payments.   The extension is one of three executive orders signed by Covington Mayor Joe Meyer late Wednesday to help local businesses stay solve...

Tax season: Time to file occupational fee/license renewal   COVINGTON, Ky. - With accountants neck deep in tax season, Covington’s Finance Department has a friendly reminder for businesses: Don’t forget to fill out the City’s Form OL-3.   That’s the annual Occupational Fee & Business License Renewal Return - and it’s required to be filed by ALL ...

Covington keeps rate the same for 3rd year in row   COVINGTON, Ky. - Property tax bills have been sent to Covington residents and payment is due by midnight Oct. 15.   Residents have five different ways to pay: Through an updated taxpayer portal, HERE.(More about the portal below.) By mail at P.O. Box 643749, Cincinnati, OH 45264. By calling (859...

But officials say state pension mandates bode ill for future   COVINGTON, Ky. - Covington’s property tax rates for calendar year 2019 will remain the same for the third year in a row.   The Covington City Commission tonight approved rates of 0.327 for real estate and 0.349 for personal property - the same as the rates for calendar years 2017 and 2018.   ...

COVINGTON, Ky. - The 2017-18 Comprehensive Annual Financial Report put together by the City of Covington’s Finance Department has earned the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada.   “(Covington’s) CAFR has been judged by an impartial panel to meet the high standards of...

Almost three-fourths of Covington’s General Fund is used to fund operations in Public Safety and Public Works. (EDITOR’S NOTE: This is one of two stories on the City of Covington’s 2019-20 budget.)  COVINGTON, Ky. - The City of Covington’s 2019-20 budget is balanced. It doesn’t raise taxes. It continues to fund core services like public safety, job creation, b...

Returning tax-exempt buildings to the public tax rolls – like this one on Fifth Street that was recently sold by Gateway Community & Technical College to a private buyer – is one way to improve the City of Covington’s financial position. Wall Street affirms progress in Covington  COVINGTON, Ky. - Moody’s Investors Service today upgraded the City of Covington’...