§ 33.60 ADOPTION BY REFERENCE.

   Pursuant to Ordinance 2091, passed 1-23-1995, the “Investment Policy for the City of Glasgow, Kentucky,” is hereby adopted by reference and incorporated herein as fully as if set forth in its entirety.

(1989 Code, § 33.50) (Ord. 2091, passed 1-23-1995; Am. Res. 894, passed 2-5-1996; Am. Res. 2021-2494, passed 4-26-2021)

TAXATION

§ 33.75 COUNTY ASSESSMENT ADOPTED.

   (A)   Pursuant to the authority granted in KRS 132.285, the city hereby adopts the annual Barren County assessment for all real and personal property situated within the city as the basis of all ad valorem tax levies ordered or approved by the City Council.

   (B)   The assessment as finally determined for county tax purposes shall serve as the basis for all city levies for the fiscal year commencing after the assessment date.

(1989 Code, § 40.01)

§ 33.76 AD VALOREM TAXES ON MOTOR VEHICLES.

   (A)   All ad valorem taxes on motor vehicles shall be collected by the Barren County Clerk in accordance with KRS 134.800.

   (B)   Ad valorem taxes on motor vehicles shall become due and delinquent as set forth in KRS 134.810 and any such taxes not paid by the date when they become delinquent shall be subject to the penalty and interest specified in KRS 134.810.

(1989 Code, § 40.04)

§ 33.77 DISPOSITION OF FUNDS.

   All moneys collected from the taxes levied in this subchapter shall be paid into the General Fund of the city to be used for the payment of proper expenditures as determined by the City Council.

(1989 Code, § 40.05)