Loading...
§ 35.01  COUNTY ASSESSMENT ADOPTED.
   (A)   Pursuant to the authority granted in KRS 132.285, the city hereby adopts the 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.
§ 35.02  DUE DATE; PAYMENT.
   (A)   All taxes, except ad valorem taxes on motor vehicles, shall become due on December 1.
   (B)   Any taxpayer who pays his or her city taxes before December 1 after they become due shall be entitled to a 2% discount thereon, and the Clerk shall allow the discount and give a receipt in full to the taxpayer.
§ 35.03  DELINQUENCY.
   (A)   All city taxes, except ad valorem taxes on motor vehicles, shall become delinquent on January 1 following their due dates.
   (B)   Any taxes not paid by the date when they become delinquent shall be subject to a penalty of 10% on the taxes due and unpaid.  The delinquent taxpayer shall also pay all costs and expenses incidental to any action taken by the city for collection of the delinquent tax bill.
   (C)   Delinquent taxes shall be collectable under the provisions of the state law relating to the collection of delinquent taxes by cities of the fifth class.
§ 35.04  AD VALOREM TAXES ON MOTOR VEHICLES.
   (A)   All ad valorem taxes on motor vehicles shall be collected by the 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.
§ 35.05  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.