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Council reviews budget; staff says Highland PILOT payment is $330,000

Fort Thomas City Council ยท November 10, 2025

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Summary

During a brief budget review, a council member asked about a PILOT payment for Highland. A staff member said the payment is $330,000 and offered to send a detailed spreadsheet to council. No budget amendments were proposed at the meeting.

At the end of the meeting, the council reviewed the current budget. A council member asked how much the PILOT (payment in lieu of taxes) payment is for the Highland project. A staff member said, "I believe it's we have to pay 330,000," and later confirmed "It's 330,000. Yeah." The same staff member said the city collects more than that amount overall and offered to distribute a spreadsheet with the detailed numbers to council.

There was no motion to change the budget or to approve new spending related to the PILOT at this meeting. Staff committed to send the detailed spreadsheet and figures to council for review.