(A) Pursuant to the authority granted in KRS 132.285, the city hereby adopts the Jefferson 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 Commission.
(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.
(C) The City Clerk shall mail tax bills, sequentially numbered, for the assessment rolls as certified. Payment, penalty and interest shall be as set out by the city’s yearly ad valorem taxing ordinance.
(D) The proceeds of the taxes shall be used for general operating expenses of the city and payment of all expenses incurred in the necessary and proper municipal functions.
(Ord. 21, Series 1980, passed 12-18-1980; Ord. 11, Series 1981, passed 8-21-1981; Ord. 12, Series 1981, passed 9-8-1981; Ord. 14, Series 1983, passed 12-1-1983; Ord. 7, Series 1986, passed 8-7-1986; Ord. 10, Series 1986, passed 9-4-1986; Ord. 4, Series 1987, passed 8-6-1987; Ord. 10, Series 1988, passed 6-2-1988; Ord. 89-03, passed 7-6-1989; Ord. 90-09, passed 6-14-1990; Ord. 91-06, passed 6-6-1991; Ord.92-02, passed 6-4-1992; Ord. 93-02, passed 6-3-1993; Ord. 94-02, passed 6-2-1994; Ord. 95-01, passed 6-1-1995; Ord. 96-07, passed 6-6-1996; Ord. 97-05, passed 6-5-1997; Ord. 98-02, passed 6-4-1998; Ord. 99-04, passed 6-3-1999; Ord. 00-03, passed 6-1-2000; Ord. 01-07, passed 6-7-2001; Ord. 02-02, passed 6-6-2002; Ord. 03-03, passed 6-5-2003; Ord. 04-06, passed 6-3-2004; Ord. 05-03, passed 6-2-2005; Ord. 06-10, passed 6- -2006; Ord. 07-02, passed 6-7-2007; Ord. 08-02, passed 6-12-2008; Ord. 09-03, passed 6-11-2009; Ord. 10-04, passed 6-10-2010; Ord. 11-02, passed 6-9-2011; Ord. 12-02, passed 6-14-2012; Ord. 13-05, passed 6-13-2013; Ord. 14-03, passed 6-12-2014; Ord. 14-5, passed 6-12-2014; Ord. 05-31-16-A, passed 6-9-2016; Ord. 05-18-17-A, passed 6-8-2017; Ord. 05-15-18-A, passed 6-14-2018; Ord. 05-30-19-B, passed 6-13-2019; Ord. 05-14-20-A, passed 6-11- 2020; Ord. 05-25-2023-A, passed 6-8-2023)