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Please note that data are cataloged by fiscal years. For more info see our user guide.

City of Covington, KY Revenue Losses from Subsidy Programs

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YearProgram NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2017Various Payroll Tax AbatementsGeneral Economic Development$423,758$0$423,758Active
2018Various Payroll Tax AbatementsGeneral Economic Development$143,771$0$143,771Active
2019Various Payroll Tax AbatementsGeneral Economic Development$338,108$0$338,108Active
2020Various Payroll Tax AbatementsGeneral Economic Development$305,911$0$305,911Active
2022Various Payroll Tax AbatementsJob Creation$872,977$0$872,977Active
2023Various Payroll Tax AbatementsJob Creation$1,006,319$0$1,006,319Active
2017Various Property Tax AbatementsGeneral Economic Development$90,236$0$90,236Active
2018Various Property Tax AbatementsGeneral Economic Development$91,169$0$91,169Active
2019Various Property Tax AbatementsGeneral Economic Development$193,846$0$193,846Active
2020Various Property Tax AbatementsGeneral Economic Development$197,429$0$197,429Active
2021Various Property Tax AbatementsGeneral Economic Development$263,965$0$263,965Active
2021Various Property Tax AbatementsGeneral Economic Development$266,048$0$266,048Active
2022Various Property Tax AbatementsGeneral Economic Development$277,386$0$277,386Active
2023Various Property Tax AbatementsGeneral Economic Development$284,476$0$284,476Active
TABULATED TOTAL$4,755,399$0$4,755,399