Covington
Remote work biting into Covington’s payroll tax revenue
The city of Covington has attributed its recent budget shortfalls to rising work-from-home policies. Covington’s finance director Steve Webb disclosed during a presentation at a city commission meeting on May 23 that the city’s general fund’s expenditures had exceeded its revenue for the third quarter of the 2023 fiscal year, which ends on June 30. […]