February 8, 2013

Kentucky House Passes Bill to Audit Districts

After a bill to boost oversight of the over 1,200 local taxing district overwhelmingly by a 96-1 vote in the House, it now goes on to the Senate.

What the legislation entails is putting a system together for auditing the various tax districts around the state of Kentucky. Together they spend approximately $2.7 billion for running the local libraries, airports, fire departments and sanitation.

Once it's set up, taxpayers could then go on the Internet to check out the financial reports from each individual district.

The funding is the result of taxes and fees, along with government grants and donations from private sources.

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