AN ACT relating to reporting by local governments.

Create a new section of KRS Chapter 132 to define terms; require the Department of Revenue to ensure that taxpayers can access financial information regarding local taxing authorities, and to put that information on its website; specify the information that should be included for each type of local taxing authority; create a new section of KRS Chapter 65.900 to 65.925 to require a local government to publish its uniform financial information report on a website…

Local Government State Agencies Taxation Cities Counties Special Purpose Governmental Entities Local Mandate Fiscal Note

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This bill would require local governments in Kentucky to make their financial reports available to the public, either on their own website or through the local county library. It also directs the Department of Revenue to collect this information and post it on its website, so residents have a central place to look up how their local taxing authorities are spending money. Who it may affect: Kentucky residents and taxpayers who want to review how local governments and taxing districts manage public funds.

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