News


Finance


New debt policy ‘imposes order & discipline’

Covington codifies borrowing guidelines, limits to help improve credit   COVINGTON, Ky. - Cities shouldn't make the decision to borrow money lightly, especially when taxpayers are ultimately on the hook for paying that debt back.   That's one reason why the City of Covington has created a formal debt management policy and is codifying that policy as a new Chapter 40 in its Code of Ordina...

Delinquent tax contract a question of ‘fairness’

  Covington is hiring an outside company to collect delinquent taxes in other to protect the ability of police officers, firefighters, and public works employees to help residents. Services, residents suffer when people skip out of paying   COVINGTON, Ky. - Residents and businesses who pay taxes to the City of Covington shouldn’t be forced to make higher payments - or ...

New Finance manual fixes audit ‘finding’

COVINGTON, Ky. - Every outside auditor who has looked at Covington’s books since 2013 has formally scolded the City for the same omission: Lack of a formal, comprehensive manual spelling out accounting procedures.   That’s about to be fixed.   The City’s Finance Department presented a newly compiled 49-page “Accounting Policies and Procedures Manual” to the ...

Bill’s in the mail: Trash fees due March 31

COVINGTON, Ky. - The City of Covington has mailed its yearly bills for garbage and recycling collection, with payments due by March 31.   Bills are being sent to all homeowners and residents of rental units with one to four units. Businesses and apartments with more than four units have commercial accounts and contract on their own with Rumpke Waste & Recycling for service.  ...

City to strengthen fund balance policy

The City of Covington is looking to strengthen its fund balance policy to increase flexibility and protect its ability to provide core services to residents during tough budget times.    COVINGTON, Ky. - Three times since Covington created what it called the Fiscal Stability Ordinance in 2015, two different City Commissions have voted to change the ordinance to make it less unwieldy and ...

Gain from new policy: $106K in 4 months

COVINGTON, Ky. - City Hall’s adoption of an expanded and strategic investments policy earlier this year after the arrival of its new Finance director has proved a financial windfall for Covington taxpayers.   For the four-month period ending Oct. 31, Covington earned more than $106,000 for its General Fund by investing working capital on hand in staggered-term CDs (certificates of depos...

First-quarter budget ‘right on track’

COVINGTON, Ky. - One fourth of the way into the City of Covington’s fiscal year, the City’s finances are right on schedule in regards to both spending and revenue, Finance Director Muhammed Owusu told elected officials tonight.   “There are no surprises - nothing to get excited about, nothing to cause concern,” Owusu said. “It’s early in the year, of course...

Reminder: Property tax deadline Monday

COVINGTON, Ky. - Property tax payments in the City of Covington are due by end of the day Monday.   That day - Oct. 15 - is also the last day that City Hall will open earlier and close later as a convenience for taxpayers.   The Finance Customer Service walk-in window - located just inside the entrance to City Hall at 20 West Pike St. - will be open until 5:30 p.m. today and ...

Expanded hours a convenience for taxpayers

COVINGTON, Ky. - With property tax payments due by end of the day Oct. 15, Covington City Hall is continuing to open earlier and close later as a convenience for taxpayers.   The Finance Customer Service walk-in window - located just inside the entrance to City Hall at 20 West Pike St. - is open on a temporary basis from 7:30 a.m. to 5:30 p.m. Previously the window was open from 8 a.m. ...

City seeks applications for a Part Time Office Assistant

JOIN OUR TEAM! We are currently seeking a Part Time Office Assistant to join our Finance Department. Job Title:                  Part Time Office Assistant Department:             Finance Department Salary Range:    ...
Page 4 of 7First   Previous   1  2  3  [4]  5  6  7  Next   Last