The Kenton County Fiscal Court has approved a budget for the 2025–26 fiscal year, totaling $422 million. The budget emphasizes investments in public safety, economic growth, and public amenities while aiming to maintain high-quality public services.
Judge/Executive Kris Knochelmann commented on the new budget: “This budget reflects our commitment to building a stronger Kenton County. We’re investing in what matters — safe communities, strong infrastructure, and economic growth — while continuing to deliver on our promise to lessen the tax burden on residents.”
Significant allocations include $20 million for the first phase of a new park in Independence, marking the largest investment ever made in the county's parks system. Additionally, $1.9 million is earmarked for improvements across existing parks, such as new playground equipment and pickleball courts at Middleton-Mills Park and a new shelter house at Pioneer Park.
The budget also provides funding for four police navigators within the Kenton County Police Department. These positions are supported by opioid settlement funds and aim to improve responses to mental health and addiction-related calls.
A substantial $115 million in state funding will support the Northern Kentucky Port Authority’s development of a Biomedical Center for Excellence in Covington. This facility will host branches of both the University of Kentucky’s College of Medicine and Northern Kentucky University’s Salmon P. Chase College of Law.
A notable shift is seen in revenue collection, with more expected from occupational taxes than property taxes. This aligns with efforts to reduce financial burdens on residents while strengthening economic foundations. The property tax rate is projected to decrease further, reaching its lowest level since 1983.
Judge Knochelmann stated: “This is what responsible growth looks like. We’re delivering historic investments while keeping our promise to protect taxpayers. That’s a win for every Kenton County resident.”