2014 Kentucky Revised Statutes CHAPTER 92 - FINANCE AND REVENUE OF CITIES OTHER THAN THE FIRST CLASS 92.412 Property assessment procedures for ad valorem tax levies in city of home rule class not electing by ordinance to use annual county assessment.
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92.412 Property assessment procedures for ad valorem tax levies in city of
home rule class not electing by ordinance to use annual county
assessment.
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Any city of the home rule class that does not elect by ordinance under KRS
132.285 to use the annual county assessment as the basis for ad valorem tax
levies for property situated within its boundaries shall follow the procedures set
out in this section.
The city legislative body of any city providing for its own assessment shall
establish by ordinance the manner of assessment, levy, and collection of ad
valorem taxes, except that taxes on motor vehicles and motorboats shall be
governed by KRS 132.487. The ordinance shall, at a minimum, include the
following:
(a) The establishment of a board of tax supervisors that shall conform to the
requirements of KRS 92.242;
(b) The date for assessment of all property subject to city taxation, excluding
motor vehicles and motorboats;
(c) The method of assessment by an assessor and the development of an
assessment list that shall conform as nearly as possible to that required
by law of the property valuation administrator. The method of assessment
shall include a mechanism by which the assessor can correct errors and
notify owners;
(d) A statement that the assessment of any real property in the name of a
person other than the true owner shall not invalidate the assessment or
any liens created upon the property;
(e) Specific penalties for the failure of an owner to give a list of all taxable
property when requested by the assessor and for providing a false or
fraudulent list of property;
(f) The dates that the board of tax supervisors shall be required to meet and
complete work unless called to meet earlier by the assessor;
(g) A method for taxpayers to appeal to the board of tax supervisors in the
case of a dispute regarding the assessor's valuation and a statement that
a taxpayer shall have the right to appeal a decision of the board of tax
supervisors to the Circuit Court of the county within thirty (30) days of the
final adjournment of the board of tax supervisors by filing with the court a
copy of the action of the board, certified by the clerk of the board;
(h) The method for preparation and delivery of tax bills; and
(i) The due date for ad valorem taxes, including any discounts for early
payments and any penalties for delinquent payment.
The city may file an action in District Court to request the court to compel
answers by process of contempt from an owner who fails to provide a list of
taxable property to the assessor or gives a false or fraudulent list and may
recover the legal costs, including attorney's fees, from the owner.
If any property subject to taxation has not been listed by the assessor or board
of supervisors, the city legislative body may assess it later, but not after more
than five (5) years after the date when the assessment should have been
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made.
The assessment of property, the levy of taxes on property, the tax bills, the
sale of property for taxes and the report thereof, and all other acts of record of
cities relating to the assessment of property and the levy of taxes on property
shall be conclusive notice to all persons of the assessment, levy, and sales, as
well as the liens and rights created thereby. No irregularity in the proceedings
shall invalidate or defeat the collection of taxes by the city upon any property
subject to taxation therein. The courts shall make all necessary orders to
require all such property to bear its just proportion of taxation.
The city shall give notice of the due date of taxes by publication pursuant to
KRS Chapter 424.
The city shall possess a lien on delinquent taxes in accordance with KRS
91A.070(3).
Effective:January 1, 2015
History: Created 2014 Ky. Acts ch. 92, sec. 103, effective January 1, 2015.
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