CHAPTER 36: TAXATION
Section
   36.01   Election of county assessment
   36.02   Tax rate established
   36.03   Disposition of funds
   36.04   Due date; penalties
   36.05   Accounting of funds due city
   36.06   Bank franchise and local deposit tax
§ 36.01 ELECTION OF COUNTY ASSESSMENT.
   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.
(Ord. 102, passed 7-1-1974)
§ 36.03 DISPOSITION OF FUNDS.
   All revenues derived and collected from ad valorem taxes are to be placed in the General Fund of the city, and disbursements made from the General Fund shall be for any purpose that is lawful.
(Ord. 102, passed 7-1-1974)
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