Ky. Rev. Stat. § 42.460
Except as provided in KRS 91A.040(7)(b), any assistance granted under KRS 42.450 to 42.495 shall include an agreement that an independent annual audit shall be conducted and that the audit report shall include a certification that the funds were expended for the purpose intended. A copy of the audit and certification of compliance shall be forwarded to the Department for Local Government, in the case of assistance granted from the local government economic assistance fund or the local government economic development fund as allocated in KRS 42.4592(1)(a) and (b), or to the Cabinet for Economic Development and the Kentucky Economic Development Finance Authority, in the case of assistance granted from the local government economic development fund, within eighteen (18) months after the end of the fiscal year.
KRS 42.460
Amended 2010, Ky. Acts ch. 117, sec. 28, effective7/15/2010. -- Amended 2007, Ky. Acts ch. 47, sec. 22, effective 6/26/2007. -- Amended 2006, Ky. Acts ch. 210, sec. 4, effective 7/12/2006. -- Amended 2002, Ky. Acts ch. 338, sec. 46, effective 7/15/2002. -- Amended 2001, Ky. Acts ch. 34, sec. 4, effective 6/21/2001. -- Amended 1998, Ky. Acts ch. 69, sec. 13, effective 7/15/1998. -- Amended 1994 Ky. Acts ch. 499, sec. 8, effective 7/15/1994. - Amended 1992 Ky. Acts ch. 107, sec. 9, effective 7/1/1992. -- Amended 1990 Ky. Acts ch. 52, sec. 4. effective 7/13/1990. -- Amended 1986 Ky. Acts ch. 374, sec. 6, effective 7/15/1986. -- Amended 1982 Ky. Acts ch. 393, sec. 30, effective 7/15/1982. -- Created 1980 Ky. Acts ch. 394, sec. 3, effective 7/1/1980.