City of Covington crafts debt management policy; hires consultant to help collect back taxes – User-generated content
By Ryan ClarkNKyTribune reporter In April 2017, the City of Covington received its credit rating from the Moodys financial services company. While the city was lauded for improving its financial situation, it was also told it needed to pay off some of its debt. That year, the citys debt was 10.8 percent of the citys…