Friday, June 8, 2012

Edelen Launching Transparency Initiative

{Frankfort, Kentucky}...State Auditor Adam Edelen is launching an initiative intended to bring more transparency to local taxing districts that receive $500 million to $1.5 billion in taxes and fees each year. The idea is to create an electronic database that will allow taxpayers to determine precisely how much money flows through the taxing districts that fund such entities as libraries, fire departments, airports, and water and sewer utilities. Edelen says the taxing districts that now operate in the dark should be accountable to taxpayers.