CHAPTER 34: TAXATION
Section
   34.01   County assessment adopted
   34.02   Due date
   34.03   Delinquency
   34.04   Disposition of funds
   34.05   Ad valorem tax on property within city
§ 34.01 COUNTY ASSESSMENT ADOPTED.
   (A)   Pursuant to the authority granted in KRS 132.285, the city hereby adopts the annual Campbell 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.
(1992 Code, § 35.01)
§ 34.02 DUE DATE.
   All ad valorem taxes, except taxes on motor vehicles, shall become due on October 31.
(1992 Code, § 35.02) (Ord. 17-96, passed 11-5-1996; Ord. 22-2003, passed 10-21-2003)
§ 34.03 DELINQUENCY.
   (A)   All city taxes shall become delinquent on November 1 following their due dates.
   (B)   All delinquencies shall be subject to interest at the rate of 12% per annum and penalties at the rate of 10% on said taxable amount and calculated from November 1 of said tax year until paid in full. In addition to any tax and penalty assessed, the delinquent taxpayer shall also pay all costs and expenses incidental to any action by the city for collection of the delinquent tax bill including reasonable attorney’s fees.
(1992 Code, § 35.03) (Ord. 17-96, passed 11-5-1996; Ord. 22-2003, passed 10-21-2003)
§ 34.04 DISPOSITION OF FUNDS.
   All monies collected from the taxes levied in this chapter 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.
(1992 Code, § 35.04)
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