|Apr 5 2019||
Metro Government earns top budgeting award for sixth consecutive year
For the sixth consecutive year, Louisville Metro Government has received the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA). The award is GFOA’s highest recognition for government budgeting, and complements Metro’s consistent GFOA recognition for its Comprehensive Annual Financial Report.
|Mar 21 2019||
Mayor Fischer's statement on the Metro Council vote on new revenue
Mayor Fischer's statement on the on the Metro Council vote on Thursday night.
|Feb 13 2019||
Insurance premium tax increase proposed to help cover $65M budget gap and prevent devastating cuts
Facing devastating potential cuts because of an expected $65 million general fund gap over the next four years, Mayor Greg Fischer is proposing to increase the city’s tax rates on home, life, marine and miscellaneous insurance, such as malpractice, title insurance and umbrella coverage, from their current five percent to 12.5 percent in FY20 and FY21, 13.5 percent in FY22 and 15 percent in FY23.
|Dec 21 2018||
Louisville/Jefferson County Metro Government Fiscal Year 2018 CAFR published
Each year the city prepares a Comprehensive Annual Financial Report (CAFR). This report includes the audited financial statements for Louisville Metro Government and its departments and agencies for the fiscal year ending June 30th.
|Oct 23 2018||
Louisville’s positive credit ratings sustained, based on strong economy, sound management
Citing Louisville’s strong economy, sound management, and budgetary flexibility, the nationally recognized credit rating services Fitch Ratings, Inc. and Moody’s Investors Service have again granted Louisville Metro positive bond ratings.
|Apr 26 2018||
Despite challenges, Mayor’s budget targets investments in public safety, jobs, city’s future
Budget manages pension and health insurance increases, builds on Louisville’s momentum
Mayor Greg Fischer today proposed a 2018-2019 city budget that builds on the city’s momentum and commitment to public safety and growing jobs, despite the significant challenges of rising insurance costs and a $9.4 million bump in pension expense.
|Mar 12 2018||
Louisville Metro and Airbnb announce tax agreement
Louisville Metro and Airbnb announced today the finalization of an agreement that will allow the company to collect and remit taxes on behalf of its hosts in Louisville and Jefferson County. Effective April 1, Airbnb will automatically collect and remit the Louisville Transient Room Tax (8.5%) for taxable bookings. The agreement allows Louisville to fully benefit from people visiting and staying longer through home sharing.
|Mar 2 2018||
Louisville Metro Government earns top budgeting award for fifth consecutive year
Louisville Metro Government has again earned the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA). This is the fifth consecutive year GFOA has granted the award – its highest recognition for government budgeting – to Metro.
|Nov 27 2017||
Louisville Metro budget balanced for Fiscal Year 2016-17
Increased revenues largely offset public safety related expenditures
Louisville Metro Government has ended the 2016-2017 fiscal year with a balanced budget while also growing the “Rainy Day Fund” to $68.9 million, up from $67.9 million, Chief Financial Officer Daniel Frockt announced today.
|Oct 3 2017||
Louisville’s strong economy, sound management leads to positive credit ratings from ‘Big 3’ agencies
Three nationally recognized credit rating services are citing Louisville Metro’s strong economy, sound management, and budgetary flexibility as the basis for again granting positive bond ratings.
|Aug 21 2017||
Property tax rates down again in Louisville Metro for third consecutive year
For the third consecutive year, property tax rates will go down for Louisville residents, according to Metro Government’s Office of Management and Budget.
“The benefits of our economic momentum reach Metro residents in many ways,” said Mayor Fischer. “A decrease in property tax rates is one of them.”
|Apr 27 2017||
Mayor Fischer unveils new city budget with emphasis on public safety
Plan keeps Louisville’s economic momentum going with targeted investments in affordable housing, new Northeast Library, quality of life
Mayor Greg Fischer today proposed a new city budget that focuses heavily on public safety, including significant investments in LMPD, while continuing the city’s momentum, with investments in affordable housing, paving and a new Northeast Regional Library.
|Apr 27 2017||
Mayor Fischer's remarks for the 2017-18 proposed budget
Mayor Greg Fischer's prepared remarks to the Louisville Metro Council for the recommended executive budget of 2017-18:
I’m honored to be here, and to serve alongside each of you.
A special word of thanks to our newest councilmembers:
Councilwoman Barbara Sexton-Smith
Councilman Brandon Coan
Councilman Scott Reed
|Mar 14 2017||
Metro Government earns top budgeting award for fourth consecutive year
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded Louisville Metro Government its Distinguished Budget Presentation Award for the fourth consecutive year.
This represents the GFOA’s highest recognition for government budgeting.
|Apr 14 2016||
New vendor portal allows Metro to “buy local” more often
Citing an effort to increase its ability to help small businesses and “buy local” more often, Mayor Fischer announced today that Louisville Metro Government has added a new vendor portal on the Division of Purchasing’s page of the city website.