KRS § 132.285 — KY Code / Title XI / Chapter 132 / Section 132.285
132.285 Use by city of county assessment allowance for costs -- City's power in adopting procedures to use county assessment -- Appropriation
Status: in_force

132.285 Use by city of county assessment allowance for costs -- City's power in

adopting procedures to use county assessment -- Appropriation.

(1) (a) Except as provided in subsection (3) of this section, any city may by ordinance

elect to use the annual county assessment for property situated within the city

as a basis of ad valorem tax levies ordered or approved by the legislative body

of the city.

(b) Any city making the election provided in paragraph (a) of this subsection shall

notify the department and property valuation administrator prior to the next

succeeding assessment to be used for city levies. In such event the assessment

finally determined for county tax purposes shall serve as a basis of all city

levies for the fiscal year commencing on or after the county assessment date.

(c) Each city which elects to use the county assessment shall annually appropriate

and pay each fiscal year to the office of the property valuation administrator

for deputy and other authorized personnel allowance, supplies, maps and

equipment, and other authorized expenses of the office one-half of one cent

($0.005) for each one hundred dollars ($100) of assessment, except that sums

paid shall not be:

1. Less than two hundred fifty dollars ($250); or

2. More than:

a. Forty thousand dollars ($40,000) in a city having an assessment

subject to city tax of less than two billion dollars

($2,000,000,000);

b. Fifty thousand dollars ($50,000) in a city having an assessment

subject to city tax of two billion dollars ($2,000,000,000) or more,

but less than three billion dollars ($3,000,000,000);

c. Sixty thousand dollars ($60,000) in a city having an assessment

subject to city tax of three billion dollars ($3,000,000,000) but less

than six billion dollars ($6,000,000,000); or

d. One hundred thousand dollars ($100,000) in a city having an

assessment subject to city tax of six billion dollars

($6,000,000,000) or more.

(d) This allowance shall be based on the assessment as of the previous January 1.

(e) Each property valuation administrator shall file a claim with the city for the

county assessment, which shall include the recapitulation submitted to the city

pursuant to KRS 133.040(2).

(f) The city shall order payment in an amount not to exceed the appropriation

authorized by this section.

(g) The property valuation administrator shall be required to account for all

moneys paid to his or her office by the city and any funds unexpended by the

close of each fiscal year shall carry over to the next fiscal year.

(h) Notwithstanding any statutory provisions to the contrary, the assessment dates

for the city shall conform to the corresponding dates for the county, and the

city may by ordinance establish additional financial and tax procedures that

will enable it effectively to adopt the county assessment.

(i) The legislative body of any city adopting the county assessment may fix the

time for levying the city tax rate, due and delinquency dates for taxes, and any

other dates that will enable it effectively to adopt the county assessment,

notwithstanding any statutory provisions to the contrary.

(j) Any such city may, by ordinance, abolish any office connected with city

assessment and equalization.

(k) Any city which elects to use the county assessment shall have access to the

assessment records as soon as completed and may obtain a copy of that

portion of the records which represents the assessment of property within the

city by additional payment of the cost thereof.

(l) Once any city elects to use the county assessment, that action cannot be

revoked without notice to the department and the property valuation

administrator six (6) months prior to the next date as of which property is

assessed for state and county taxes.

(2) In the event any omitted property is assessed by the property valuation administrator

as provided by KRS 132.310, the assessment shall be considered as part of the

assessment adopted by the city according to subsection (1) of this section.

(3) For purposes of the levy and collection of ad valorem taxes on motor vehicles, cities

shall use the assessment required to be made pursuant to KRS 132.487(5).

(4) Notwithstanding the provisions of subsection (1) of this section, each city which

elects to use the county assessment for ad valorem taxes levied for 1996 or

subsequent years, and which used the county assessment for ad valorem taxes levied

for 1995, shall appropriate and pay to the office of the property valuation

administrator for the purposes set out in subsection (1) of this section an amount

equal to the amount paid to the office of the property valuation administrator in

1995, or the amount required by the provisions of subsection (1) of this section,

whichever is greater.