Newport, KY, is gearing up for a vibrant celebration as the city prepares for its 250th anniversary, featuring a five-day event that will showcase the community's rich heritage and the importance of its waterways. The festivities will include participation from 55 artisans and food vendors along the Purple People Bridge, highlighting local talent and fostering community engagement.
During the recent Board of Commissioners meeting, officials expressed enthusiasm for the upcoming event, emphasizing its educational component aimed at teaching children about the significance of preserving the waterway. The event promises not only to be a source of joy and entertainment, with steamboat races and various activities, but also an opportunity to instill environmental awareness among attendees.
In addition to the anniversary preparations, the city council addressed important fiscal matters. The board approved the second reading of an ordinance to levy ad valorem taxes for the fiscal year 2025-2026, maintaining a compensating rate plus an additional four percent. This decision reflects the city's commitment to responsible budgeting amid economic uncertainties, ensuring that Newport remains competitive with tax rates in the region.
The council also amended the budget to incorporate Community Development Block Grant (CDBG) funds, which had not been accounted for during the initial budget approval. This amendment is a procedural step to ensure transparency and compliance with grant requirements.
As Newport looks forward to its milestone anniversary, the city council's decisions underscore a proactive approach to both community celebration and fiscal responsibility, setting the stage for a successful and impactful event.