How Frankfort is run

Who runs Frankfort, what it costs, and where your money goes

The city manager, council pay, the budget, your property tax bill and who provides each service, from Frankfort's own public documents. Every number links to its source and says which year it describes. Checked Oct 10, 2026.

Who runs Frankfort

A city manager hired by the council runs the city day to day. The council sets policy, adopts the budget and sets the tax rate.

City of Frankfort · Sep 25, 2023

What they are paid

City manager Jason Monroe: pay as of 2023$137,0002023-09-25. City of Frankfort · Sep 25, 2023
A council memberNot confirmed2026. City of Frankfort
The mayorNot confirmed2026. City of Frankfort

Frankfort city staff

The city publishes hourly pay ranges for each job in its salary schedule ordinance. We found no staff count or list of individual employee pay. We name pay only for elected officials and the city manager.

Is Frankfort in the red?

Cities must pass a balanced budget, so "profit" and "deficit" mean something different here. The useful questions: does the city's everyday money (the general fund) cover its everyday costs, how much does it keep in savings compared with its own target, and how big are its pension and debt bills.

General fund, FY2026-27$55.2MOut of $94.1M across all city funds, which includes utilities and other money that can only be spent on one thing. City of Frankfort · Jun 24, 2026
Savings grew, FY2025 (audited)+$1.1MGeneral fund revenue $47.7M, spending $43.1M. Took in $4.6 million more than it spent. Transfers of $3.5 million to other funds, mostly capital improvements, left the general fund balance up $1.1 million. City of Frankfort · Mar 31, 2026

Savings

Unassigned general fund balance: $4.6M (2025-06-30). City of Frankfort · Mar 31, 2026

Pension promises not yet funded$48MThe city's share of the state County Employees Retirement System (CERS) net pension liability: $14.9 million non-hazardous and $33.0 million hazardous (police and fire). A small closed city police and firefighters' fund holds more than it owes, a $1.2 million net pension asset. (2025-06-30). City of Frankfort · Mar 31, 2026
Debt owed$58.4MGovernmental $17.1 million ($16.3 million of bonds and $0.8 million of KIA notes); sewer $41.3 million ($7.8 million of bonds and $33.5 million of KIA notes). 2025-06-30. City of Frankfort · Mar 31, 2026

Why we skip the "budgeted deficit": many cities plan to dip into savings, then spend less than planned. The audited result tells you what really happened.

Who provides your services

Not everything in Frankfort is run by the city. Who provides a service decides whose budget pays for it and whose election decides it.

Compared with similar cities

The cities in this state closest in population that we cover. Read it for scale, not as a ranking: cities provide different services.

HendersonKYFrankfortKYIndependenceKYHopkinsvilleKY
Residents27,82228,65730,19830,411
Top administrator's base pay$161,814Not current (2023)Not confirmedNot confirmed
Council member payNot confirmedNot confirmedNot confirmed$14,000
General fund per resident$1,776$1,925$511$1,752
Debt per resident$3,774$2,037$20$1,780
Unfunded pension per resident$1,686$1,674$323$1,591
City staff per 1,000 residents11.7——10.4

Figures as shown in each city's section, divided by its population. Years differ by state, and pension figures are measured differently in each state (each city page says how).

What Frankfort publishes

What a resident can find online today. A "no" is something you can ask the council to publish.

Questions to ask your council

  1. The general fund had $4.6 million unassigned on June 30, 2025, against a policy of three months of operating spending. How does the city measure whether it meets that policy?
  2. The FY2026-27 budget appropriates $55.2 million from the general fund, up from $43.1 million spent in FY2025. What drives the increase?
  3. The city's share of the CERS pension liability was $48.0 million in the FY2025 audit. What is the plan to pay it down?
  4. The city owed $58.4 million in bonds and state KIA loans on June 30, 2025, most of it for sewer. How will the remaining sewer consent judgment projects change that total?

The fiscal year starts July 1. The FY2026-27 budget was presented and had its first reading on June 22, 2026, and was adopted on second reading at a special meeting on June 24, 2026 (Ordinance No. 9, 2026 Series). See who is running for council

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Every number here was checked by hand against the linked document. Cities publish on different schedules, so years differ between sections; each figure says which year it describes. Spotted something wrong or out of date?

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