KRS § 132.660 — KY Code / Title XI / Chapter 132 / Section 132.660
132.660 Emergency assessments
Status: in_force

132.660 Emergency assessments.

(1) The Department of Revenue shall have authority to order an emergency assessment

of all or any part of the taxable property in any taxing district to be made by one (1)

or more persons appointed for that purpose by the department, whenever: there has

been no regular assessment; the records of an assessment have been destroyed,

mutilated or lost; complaint is made by the owners of not less than ten percent

(10%) in value of the taxable property in the taxing district; or investigation of the

department discloses that the assessment of property in such taxing district is so

grossly inequitable or fiscally infeasible that an emergency exists. The order

directing such emergency assessments shall state the reasons therefor and a copy

shall be filed in the office of the county clerk where the property lies. Such order,

when filed, shall void any assessment for the assessment year for which the

emergency assessment is made. Any person appointed to make such an emergency

assessment shall have the same powers and duties as the property valuation

administrator. Whenever the tax roll has been completed under an emergency

assessment and the tentative valuations have been determined, the department shall

cause to be published pursuant to KRS Chapter 424, a notice as to the date when the

tax roll will be ready for inspection and the time available for such purpose; also a

copy of the notice shall be posted at the courthouse door. If any property is assessed

at a greater value than that listed by the taxpayer or unlisted property is assessed, the

taxpayer shall be charged with notice of such action by reason of the inspection

period, and no further notice need be given of such action taken before the

beginning of the inspection period. At the close of the inspection period, the tax roll

shall be delivered to the county clerk and the county judge/executive shall

immediately convene the board of assessment appeals to hear and determine any

appeals from such emergency assessment. The board shall remain in session for the

time and shall receive the compensation as provided in KRS 133.030(3). Appeals

shall be taken and heard from such emergency assessments in the same manner as

appeals from regular assessments.

(2) The department may appoint the property valuation administrator to make an

emergency assessment provided he was not at fault, and if the property valuation

administrator is so appointed he shall receive reasonable compensation for his

services in making this assessment, which shall not affect in any manner the

payment to him of any compensation that he has received for himself or on behalf

of a deputy or that may be due him, for services in making the regular assessment.

Whenever through the property valuation administrator's fault an emergency

assessment is ordered, the property valuation administrator shall become liable for

the cost thereof as provided in KRS 132.620, such cost to be limited to the amount

due or paid him in accordance with the provisions of KRS 132.590.