CVADD Upcoming Meetings

 

Topic: CVAD 

D Board of Directors February 2025 Meeting

Time: February 26, 2025, 12:00 PM Eastern Time (US and Canada)

 

Join Zoom Meeting Information:

 

  

 

 

 

Topic:  CVADD Economic Development Committee Meeting

Time:  February 26, 2025, beginning at 10:00 AM Eastern Time (US and Canada)

 

Topic: CVADD Board of Directors Meeting 2-26-2025

Time: Feb 26, 2025, 12:00 PM Eastern Time (US and Canada)

Join Zoom Meeting

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Meeting ID: 878 5075 0699

Passcode: 059123

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Meeting ID: 878 5075 0699

Passcode: 059123

 

Find your local number: External link opens in new tab or windowhttps://us06web.zoom.us/u/kdnsLUmYtL


 

 CVADD Announcements

 

City Compliance Training on 3-18-2025

Good morning,

 

The Department for Local Government, Cities and Special Districts Branch are hosting a training session on March 18, 2025, at 8:30 a.m., and concluding around 9:30 a.m. This training will cover City Submissions to the Department for Local Government (DLG) and provide guidance on compliance requirements, deadlines, and best practices.

 

During this session, attendees will gain a clear understanding of what financial documents must be submitted to DLG, including audits, financial statements, and attestation engagements. We will cover compliance best practices, recent legislative updates, and the potential consequences of non-compliance, such as penalties or withholding of state funds. Participants will also receive helpful resources and guidance on navigating submission requirements, along with the opportunity to ask questions specific to their city’s situation.


Training Topics:

•              Overview of required city financial submissions to DLG

•              Annual and biennial audit requirements under KRS 91A.040

•              Financial statement submission deadlines and exemptions

•              Attestation engagement requirements for cities Revenues and Expenditures under $150,000 with no long-term debt

•              Common compliance issues and how to avoid them

•              Consequences of non-compliance, including penalties and funding withholdings

•              Recent changes in reporting requirements

 

This training is designed to help city officials understand their reporting responsibilities and ensure timely and accurate submissions.

 

If you would like to RSVP, please reply to this email.

 

Thank you,

Caitlin Caldwell

Assistant Director of Economic Development

Public Administration Specialist

Cumberland Valley Area Development District

342 Old Whitley Road

P.O. Box 1740

London, KY 40744

Email: External link opens in new tab or windowcmason@cvadd.org

Cell: (606) 401-3625

Phone: (606) 864-7391 ext. 105

Fax: (606) 878-7361

 

The Cumberland Valley Area Development District operates its programs without regard to race, color, national origin, sex, age (over 40), religion, sexual orientation, gender identity, Veteran status, disability, limited English proficiency, or low income. To request or receive additional information on its discrimination obligations, including its complaint procedures, please contact the Executive Director at the contact information above.


To file a discrimination complaint, the External link opens in new tab or windowwritten complaint must be filed to the address above within 180 days of the alleged discrimination. To accommodate limited English proficient individuals, oral complaints to be documented and/or translated may also be given at the above address. Written complaints may also be filed with the Office for Business and Occupational Development (OBOD) no later than 180 days after the date of the alleged discrimination, unless time is extended by OBOD.  For a copy of the written complaint form, please External link opens in new tab or windowclick here.  For more information on Cumberland Valley Area Development District Title VI, click here.


Translation services and/or auxiliary aids are available upon request at no cost for those seeking services and/or program information through the CVADD.


Equal Employment Opportunity