FRANKFORT – Looking to increase transparency and accountability of all agencies funded at least in part by the state, Kentucky House Speaker Greg Stumbo is asking Auditor Mike Harmon if he believed the General Assembly could authorize an audit of another branch of government or such other quasi-state entities as public postsecondary schools.
“During the recent budget negotiations, there were concerns about the accuracy of financial information from other branches of government,” Speaker Stumbo wrote in a letter to Auditor Harmon. “This led to discussion about requiring an audit. I am seeking your opinion as to whether you believe the General Assembly has the authority to request that your office conduct an audit of another agency or branch of government.”
Speaker Stumbo noted that the just-enacted budget includes money for a performance audit of the state-administered retirement systems. “This particular study will give us a much stronger foundation on which to make future funding decisions,” Speaker Stumbo said. “I think we need to take similar steps to make sure all of the state tax dollars the General Assembly appropriates are based on solid, verifiable information. I am writing the auditor to see what his views of the matter are in this area.”