KRS 100.177: Finances.

The legislative bodies in the planning unit may appropriate out of general revenues for the

expenses and accommodations necessary for the work of the commission. Any planning

commission shall have the right to receive, hold, and spend funds which it may le gally

receive from any and every source both in and out of the Commonwealth of Kentucky,

including the United States government, for the purpose of carrying out the provisions of

this chapter. All bylaws shall describe the method for administration of fund s, and an

annual audit shall be performed of all receipts, expenditures, and funds on hand by the

Auditor of Public Accounts or an independent certified public accountant. The report of

every audit, including financial statements, shall be kept in the same manner prescribed in

this chapter for other records. Every independently budgeted planning commission shall

annually publish a financial statement, pursuant to the requirements set forth in KRS

Chapter 424.