State Auditor and governor-hopeful Mike Harmon paid a visit to Hopkinsville Monday morning, bringing strong and positive news to Pennyrile Area Development District officials.
One of two ADD’s to have their finances reviewed this last fiscal year, Harmon said this recap went extremely well.
click to download audioAccording to the audit, PADD also had no material weakness identified in the last fiscal year, nor did it have any significant deficiencies or noncompliance issues during the pre- or post-positions of the process.
Harmon further noted that increased transparency and accountability of the state’s ADD’s only helped make the transition of appropriated federal, state, regional and local funds smoother.
The push to audit ADD’s across the state, he said, really came after 2014 — and even more so in 2017, eventually creating House Bill 189.
click to download audioPADD Chief Financial Officer Alisha Sutton clarified that PADD’s “Aging” Division, responsible for things like local and regional senior feeding programs, accounted for nearly $9 million for the 2021-22 fiscal year — more than 60% of the entity’s revenue. “Workforce” was $4.2 million, or 29%, and Community Block Development Grants came in at $1.2 million — or 8%.
Net position, she said, came in more than $527,000, while expenditures came in north of $14 million.
click to download audioIn other PADD news:
— Crittenden County Judge-Executive Perry Newcom swore in a new panel of administrative officers, set to serve the body in a two-year term. This included Livingston County’s Crissy Carter as chair, Todd County’s Todd Mansfield as vice chair, Caldwell County’s Kota Young as secretary and Madisonville’s Kevin Cotton as treasurer.
