Pursuant to the authority of KRS 132.285, the City Council elects to adopt and use the annual county assessment for property situated within its corporate limits as the basis for all its ad valorem property tax levies.
(Ord. 102, passed 7-1-1974)
§ 36.02 TAX RATE ESTABLISHED.
The tax rate for each year on all real and personal property situated within the corporate limits of the city, and not exempt by law, shall be as established by ordinance of City Council.