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Finance


Updated tax software more user friendly

COVINGTON, Ky. - Property owners in Covington will notice a few changes when they pay their property taxes in September.   The City’s Finance Department has updated its archaic software system and is in the middle of transitioning to a system that gives owners more information and more search capabilities.   “The new software is more user friendly for our residents, and it&rs...

New Covington budget: ‘Return on investment’

COVINGTON, Ky. - Covington’s new budget for the fiscal year that begins Sunday takes decisive action to strengthen the City and enhance the lives of its residents.   Operating on the premise that a City Government should be evaluated by the services it provides, the 2018-19 budget allocates money to programs, priorities, and people that give taxpayers results instead of excuses.   ...

Policy puts money to work for Covington taxpayers

COVINGTON, Ky. - Covington's investment policy for taxpayer funds used to be a bare-bones outline largely reliant on state statute.   After tonight, it's 17 pages.   Why?   New Covington Finance Director Muhammed Owusu uses a point-in-time story to explain:   In the month of March, Owusu said, because the timing of tax collections and bill payments creates big swings in cash fl...

Covington seeks revenue manager, engineer

COVINGTON, Ky. - The City of Covington is seeking qualified applicants to fill key positions in its Finance and Public Works departments.   One position, revenue-collections manager, would report directly to the Finance Director and oversee the collection of all payroll, net profit and insurance premium tax returns, including accounting and auditing responsibilities.   "This person fulfi...

City Seeks Applications for Finance Director

JOIN OUR TEAM! City of Covington Kentucky   FINANCE DIRECTOR Salary Range:  $90,000-$110,000 This position assists the City Manager with implementing the strategic activities necessary to accomplish the City’s mission and goals. This position works to assure a work environment that recruits, retains and supports quality staff. The Finance Director serves as Chief Financial O...

City Presents Fiscal Year 2018 Recommended All-Funds Budget; Emphasizes Themes of Improvement, Sustainability & Planning

COVINGTON, KY – On Tuesday, May 30, the City Manager submitted the Recommended All-Funds Budget for the Board of Commissioners’ consideration for the fiscal year beginning July 1, 2018. The proposed budget highlights the City’s goals and priorities. Presented by Interim City Manager Loren Wolff and Interim Finance Director Bill Moller, the balanced budget includes 23 appropriated...

FY 2018 Recommended All-Funds Budget

To view the Fiscal Year 2018 Recommended All-Funds Budget, please click below.

City of Covington Receives Upgrade in Moody’s Bond Credit Rating, Maintains Positive Outlook

COVINGTON, KY – The City of Covington’s bond credit rating was upgraded by Moody’s Investors Service Wednesday morning. The City received the positive news that Moody’s Investors Service has upgraded the City’s bond credit rating to A3 low credit risk with a positive outlook from Baa1. Moody’s based the City’s rating on various detailed considerations, inc...

City of Covington Taps High-Powered Administrator to Lead Finance Department

COVINGTON, KY - On the heels of recent departures within the City of Covington’s finance department, Covington City Commission voted Tuesday to appoint William “Bill” Moller as the interim finance director to guide the city through its upcoming critical budget period. Moller’s extensive municipal finance and management experience, including serving two-years with the City o...

City Seeks Applicants for Finance Director Position

The City of Covington is currently seeking a Finance Director to join its Finance Department. This position assists the City Manager with implementing the strategic activities necessary to accomplish the City’s mission and goals. The Finance Director serves as Chief Financial Officer of the City; plans, organizes, directs, controls and evaluates the activities of the Finance Department. Supp...
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