Edelen’s First Statewide Audit Makes Familiar Requests to Treasurer, Other Departments

The first statewide audit from new Auditor Adam Edelen has uncovered some familiar problems. Edelen is required to conduct an audit of all state agencies every year. His first report was released this morning. You can read it here. In it, Edelen takes many state agencies to task. That includes the Department of Military Affairs […]

Amendment to Eliminate State Treasurer’s Office Clears Senate Committee

A measure to eliminate the office of the Kentucky Treasurer is working its way through the General Assembly again. Republicans and third party candidates have discussed eliminating the constitutional office for more than four years. GOP Senator Damon Thayer got a constitutional amendment doing so passed out of his chamber in 2008, but the measure later […]

State Holding Millions In Unclaimed Assets

Kentucky’s treasurer says the state is now holding about $300 million worth of unclaimed assets. Unclaimed property typically includes savings and checking accounts, stocks and personal property forgotten by their owners. Sometimes the owners have died and their heirs aren’t aware of the property. State Treasurer Todd Hollenbach says unclaimed property is usually turned over […]