The Division of Accounts ensures
that all funds of the Kentucky Transportation Cabinet are properly accounted
for, accurately reported, and protected from waste, fraud, and
abuse.
Responsibilities include:
preparing KYTC’s financial reports and annual GAAP basis statements; preparing
projects agreements and submitting billings to the Federal Highway
Administration for its share of cost of contracting projects under Federal
Highway Program; performing pre-audit examinations and verifications of all
accounts payable; review and process all financial documents;
maintaining accounts of vendors, state agencies, and Turnpike Authority of KY;
serving as central repository for Cabinet documents relating to project
activity, payments to vendors, and other financial transactions; and maintains
files of Official Orders, which serve as documentation of official policies of
KYTC.
Listed below are current and
historical Annual Financial Reports distributed by KYTC Division of Accounts
representing revenues and expenditures for each Fiscal
Year:
