(A) Following the return of the tax book by the Board of Tax Supervisors to the City Clerk/Tax Assessor, the City Clerk/Tax Assessor shall publish a notice, in a newspaper pursuant to KRS 424, of the right of property owners to appeal assessments made by the Board of Supervisors. The publication shall give notice of the procedure and time limits to appeal assessments and shall be published not less than fifteen (15) days prior to the earliest date of a scheduled appeal hearing.
(B) Following the return of the tax book by the Board of Tax Supervisors to the City Clerk/Tax Assessor as provided in KRS 92.480, the City Clerk/Tax Assessor shall give notice to all registered property owners whose property, real or personal was reassessed by the Board of Supervisors. The notice shall be in writing, and shall be sent by regular mail to the last known address of the registered property owner not less than fifteen (15) days before the earliest date of the scheduled appeal hearing. The notice shall provide that the property owner shall have a right to appeal the reassessment.
(C) Failure to appeal an assessment within the time limits set out in the notice or publication shall be a bar to and shall eliminate the right to the appeal of an assessment or reassessment in a given tax year. The timely appeal of an assessment in subsequent years shall not operate retroactively as to prior tax years.
(Ord. 17-1995, passed 1-2-96)