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100.177 Finances.

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100.177 Finances. The legislative bodies in the planning unit may appropriate out of general revenues for the <br>expenses and accommodations necessary for the work of the commission. Any planning <br>commission shall have the right to receive, hold, and spend funds which it may legally <br>receive from any and every source both in and out of the Commonwealth of Kentucky, <br>including the United States government, for the purpose of carrying out the provisions of <br>this chapter. All bylaws shall describe the method for administration of funds, and an <br>annual audit shall be performed of all receipts, expenditures, and funds on hand by the <br>Auditor of Public Accounts or an independent certified public accountant. The report of <br>every audit, including financial statements, shall be kept in the same manner prescribed in <br>this chapter for other records. Every independently budgeted planning commission shall <br>annually publish a financial statement, pursuant to the requirements set forth in KRS <br>Chapter 424. Effective: July 13, 1990 <br>History: Amended 1990 Ky. Acts ch. 362, sec. 16, effective July 13, 1990. -- Amended 1986 Ky. Acts ch. 141, sec. 7, effective July 15, 1986. -- Created 1966 Ky. Acts <br>ch. 172, sec. 22.