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Fort Thomas finance review holds tax rate, advances schedule for public hearing and June first reading
Summary
City staff presented multiple FY26–27 budget amendments across general, CBD, debt service, health insurance, KOT and waste-fee funds while confirming a public hearing before May council and a tentative first reading the first Monday in June; no change to the tax rate was proposed.
City finance staff presented proposed amendments across several funds during a Fort Thomas finance review and said the revised plan is not predicated on a tax increase.
“Looking at the projected numbers, this is not based on a tax increase,” a councilmember said during the review. Staff confirmed the draft holds the current tax rate while recognizing assessment changes could…
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