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
Fiscal Year 2016-2017 Audit
The annual audit has been completed. Click the link below to view a complete copy.
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

Wednesday, February 21, 2018
Caucus Meeting
Wednesday, March 07, 2018
Council Meeting
Wednesday, March 21, 2018
Caucus Meeting