147.635 Budget -- Annual audit -- Compliance with KRS 65A.010 to 65A.090.
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/ky/chapter-147/147-635A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)An area planning commission created under the provisions of KRS 147.610 to
147.705 shall, not later than two
(2)months prior to the first day of its fiscal year,
submit a proposed budget detailing anticipated revenues and expenditures, and a
proposed tax rate, to the area council for its approval on or before the first day of
each such fiscal year.
(2)The area council shall contract with an independent, reputable certified public
accountant to perform an audit of the records, books, and accounts of the area
planning commission for each fiscal year.
(3)The area planning commission and area council shall comply with the provisions of
KRS 65A.010 to 65A.090.