The Commonwealth of Kentucky has suspended making monthly Road Aid payment to the City of West Buechel due to the City’s failure to submit a Uniform Financial Information Report (UFIR) for FY 2014-2015. The last Road Aid payment was made in May, 2016.
The City cannot submit a UFIR for FY 2014-2015 until that year’s Financial Statements have been audited by an independent CPA as required by law. Our repeated requests to inspect the City’s Financial Statements for FY 2014-2015 have gone unanswered. The Financial Statement required by KRS 424.220 should have been finalized and published a year ago. An independent audit of the City’s Financial Statements cannot begin if the Financial Statements do not yet exist.
The State Road Aid allocated to West Buechel will continue to accumulate. Those funds, which are about $2,000 per month, will not be paid to West Buechel until the City gets its financial reporting in proper order and a UFIR is submitted.
We previously reported $5,000 in late fees imposed upon the City of West Buechel by Kentucky Retirement Systems because of Kimberly R. Richards’ multiple failures to report or pay retirement contributions on time. See: Gross Negligence. Ms. Richards has been City Clerk-Treasurer for West Buechel since Richard W. Richards took office as Mayor in January, 2015. She continues in that position with an annual salary in excess of $60,000.
By a recent Open Records request to Kentucky Retirement Systems, we have been advised that an additional $1,000 late penalty has been imposed.
By an order dated August 29, 2016, Jefferson County, Kentucky, Circuit Court Judge Ann Bailey Smith granted the motion of Thomas Fox for Partial Summary Judgment in an Open Records Act lawsuit he had filed in November, 2015 against the City of West Buechel, Kentucky. This Judgment ordered City officials to allow Fox to inspect certain specified banking records and other documents.
WEST BUECHEL, KY – Copies of bank statements obtained by way of an Open Record request establish the amount of cash the City of West Buechel had in the bank on January 1, 2015, when Mayor Rick Richards took office. When compared to bank records from July 7, 2016, the city appears to have spent about $992,000 more than it took in during that 18 month period.
Rick Richards’ financial reporting for that same period shows spending of about $664,000 in excess of receipts.