City of Fort Wright, Kentucky

Capital Improvements Plan


Any long-range plan is based on certain assumptions or specific definitions about unknown factors of the future. The following definitions and factors are proposed to be used in this 2016-2021 Financial Plan.

  1. All property taxes will be projected at an increase of 2% per year. All other income will be projected to increase at 2% per year.
  2. In determining capital expenditure capacity, personnel and operating costs will be evaluated. All employees will be scheduled out for each year at actual grade and step assuming a cost of living increase of 3% annually. Health insurance was projected at 5% a year. Operating costs, which include utilities, repairs, minor equipment, supplies, and other miscellaneous items, will be projected to increase annually at a 3% rate.
  3. A capital improvement project must cost at least $10,000 and have a useful life of at least three years.
  4. No consideration will be given in this plan to funding unfunded projects through debt financing.
  5. A General Fund balance of at least $1,000,000 will be maintained through the period of the plan. All other fund balances will be maintained for necessary expenditures.

Click the link below to view the detailed plan:

 Capital Improvement/Financial Plan 2016-2021

Calendar Of Events
City Council Meetings
City Council Meetings are held on the first Wednesday of each month at 6:00 P.M.
Caucus Meetings are held on the third Wednesday of each month at 6:00 PM
Pay Your 2017 Property Taxes by Credit/Debit Card This Year
We are proud to announce that we have launched the capability to pay your taxes via credit card this year. This is a secure site that implements encryption to ensure that your payment is safe. If you wish to pay by credit card you can do so by clicking the “More info+” at the bottom of this article or by clicking on the "Property Taxes" menu item on the left. Please note that if paying by credit card you will be assessed a 2.49% processing fee. The processing fee is collected by the credit card company to offset our cost for providing this service. The City of Fort Wright does not receive any portion of the processing fee.
The City of Fort Wright Tranparency Portal
In an effort to provide financial information that is more timely, clear and transparent, The City of Fort Wright is very pleased to present our Financial Transparency Portal. We have partnered with OpenGov, a leader in this space, to provide a new web-based financial transparency and analysis tool that dynamically presents the city's revenues and expenses from historical trends to line item level details. Click below to learn more about OpenGov!

409 Kyles Lane, Fort Wright, KY 41011
Tel: 859-331-1700
Fax: 859-331-0454

Thursday, November 23, 2017
Friday, November 24, 2017
Wednesday, December 06, 2017
Council Meeting