Ky. Rev. Stat. § 91A.020

Current through Acts Received April 24, 2024

Section 91A.020 - Accounting records

(1) Each city shall keep its accounting records and render financial reports in such a way as to:

(a) Determine compliance with statutory provisions; and

(b) Determine fairly and with full disclosure the financial operations of constituent funds and account groups of the city in conformity with generally accepted governmental accounting principles.

(2) Municipal accounting systems shall be organized and operated on a fund basis.

KRS 91A.020

Effective:7/14/2000
Amended 2000, Ky. Acts ch. 208, sec. 1, effective7/14/2000. -- Created 1980 Ky. Acts ch. 232, sec. 2, effective 7/15/1980.