KRS §381.794
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Planned Community — Financial Records and Reports
Revenue-tiered financial reporting requirements for HOAs. Under $125,000 annual revenue: statement of cash receipts and disbursements. $125,000-$300,000: compilation by accounting professional. $300,000-$1,000,000: CPA review. Over $1,000,000: CPA audit. Financial report due within 180 days after fiscal year end. Available to owners within 30 days after receipt by the board.
Reviewed · Kentucky changes feed
Financial
| Ref | Requirement |
|---|---|
| Under $125,000 annual revenue: statement of cash receipts and disbursements. | |
| $125,000-$300,000: compilation by accounting professional. | |
| $300,000-$1,000,000: CPA review. |
Records
| Ref | Requirement |
|---|---|
| Revenue-tiered financial reporting requirements for HOAs. |
Other sections in this chapter
- KRS §381.785 — Planned Community Act — Definitions
- KRS §381.792 — Planned Community — Meetings and Notice
- KRS §381.799 — Planned Community — Association's Continuing Lien
- KRS §381.9101 — Kentucky Condominium Act — Short Title
- KRS §381.9169 — Condominium — Executive Board and Declarant Control
- KRS §381.9170 — Condominium — Discharge of Board Member's Duties
- KRS §381.9177 — Condominium — Meetings of the Association
- KRS §381.9193 — Condominium — Lien for Assessments
- KRS §381.9203 — Condominium Resale Certificate
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Legal references last verified April 15, 2026.
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