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Finance & Budget
Responsibilities
The Department of Finance is responsible for:
- Administering the city retirement fund
- Overseeing the completion of the annual financial audit and the preparation of the comprehensive annual financial report
- Preparation of an annual budget including performing financial analysis of special projects
- Preparation of the monthly financial statement
- The primary responsibility of the Finance Department is the receipt of revenues and disbursement of expenditures
- Reviewing and maintaining adequate internal controls
- Treasury management including the collection of revenues, investment of government funds, and payment of operating expenses
The Finance Department is also responsible for collecting all occupational and regulatory license fees, general property taxes, and other fees.
Standard and poor's bond rating
The City of Frankfort has a Standard and Poor's Bond rating of the following:
- Sewer Fund: AA-
- General Fund: AA
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Budget
Budget FY23
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Business License
View the Business License application.
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Documents & Forms
Access helpful finance documents and forms provided by the Frankfort Finance Department.
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Finance Committee
Finance Committee Page
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Independent Audit Report
View the Independent Audit.
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Licensing Fees
Find information about licensing fees for the City of Franfort
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Property Taxes
Review real and property tax information for the City of Frankfort.
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Purchasing
Learn more about the Purchasing Agent which handles all major purchases for the City of Frankfort, equipment inventory and surplus property sales.
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Request & Bids
View open bids for consultants, service providers, contractors, vendors, and suppliers.
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Alicia Boyd
Finance Director
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Finance
Physical Address
315 W Second Street
Frankfort, KY 40601
Phone: 502-875-8500