COVINGTON, KY (FOX19) - Big economic improvements could be coming to the City of Covington. This week city leaders are presenting a five year investment plan.
Residents including Chris Fields say there's not enough attractions in Covington.
"I have to walk every day from Covington to Cincinnati just to do something with my daughters because there isn't a playground or anything for these kids to do around here," said Fields.
Fields is happy to hear this investment plan outlines the first phase of the Riverfront Commons, which would include more hiking and cycling trails along the Ohio River to attract tourism in Northern Kentucky.
"You need an attraction or something to draw people off the interstate instead of just driving by and going to Cincinnati," said Covington resident Donald Jones.
However, this would mean higher taxes for residents, something Jones says also raises concern.
"Any time you're taking money out of peoples' pockets, it is a concern. Is it going to be used for a project, or is it going to be used for a trip to Las Vegas?" asked Jones.
Covington Finance Director Bob Due says although there's a tax increase, it would go towards re-surfacing sidewalks and streets, costing homeowners an extra $12 a year on a home valued at $100,000.
"It's going to cost everybody. You're going to have to invest if you want your city to look better," said Fields.
The Covington City Manager's draft calls for an investment of over $70 million, in what city administrators say will and create more revenue and growth for the city.
The plan also would add a healthy living center with a year-round pool and improved infrastructure to downtown buildings.
The city has until the end of June before they need to finalize the 2014 budget.
A meeting is scheduled for Thursday night at the Center for Great Neighborhoods in Covington, where residents will have a chance to voice their opinion on the city manager's budget.