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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

Effected JurisdictionCity of Covington
Jurisdiction type: Municipality
Fiscal year ending In2018
Program nameVarious Payroll Tax Abatements
Program purpose: General Economic Development
Statutory authority: Kentucky Revised Statutes and Chapter 116 of the Covington Code of Ordinances
Abating jurisdiction(s): Covington, Kentucky
Applicable taxesPayroll Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $143,771
Reimbursement / offset: $0
Net revenue loss: $143,771
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.covingtonky.gov/government/departments/finance/annual-reports