WE'VE LIVED WITHIN OUR MEANS AND SAVED MILLIONS by putting new efficiencies in place that have restored our city’s financial health. Now it’s time to invest in our community. We’re building our quality of life with the goal of attracting good jobs to Lexington to ensure our city will be bright.
Turning deficits into surpluses
The city is on firm financial footing. We have turned deficits into surpluses totaling almost $60 million -- four surpluses over the past four years. And we continue to emphasize efficiencies and strong financial management.
We worked with police and fire representatives on pension reform, saving millions for the city and guaranteeing a secure pension for our police and fire retirees. So far this reform, recognized as the most successful pension reform in the country, has saved our city $44 million.
Employee health insurance
Reform of our employee health insurance is saving the city about $12 million a year. We've kept our employee health insurance expenses almost flat since our new program began in 2012, and in todays health insurance market that is a real accomplishment.
NOW IT'S TIME TO INVEST in our community. We're building our quality of life with the goal of attracting good jobs to Lexington to ensure our city's future will be bright.
Built in 1899, the historic courthouse on Main is Lexington’s front door. It’s one of the most significant public buildings in Kentucky. Unfortunately, it hasn’t been cared for properly. We are investing to make sure it will be around for future generations. Work is underway.
Lexington Senior Center
Our new center for our senior adults, located off Richmond Road in Idle Hour, is now open. We’re taking service to our seniors to a whole new level.