132.597 Expense allowance for property valuation administrators who meet

221 words·~1 min read·/ky/132-597

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

stipulated requirements -- Annual professional instruction.

(1)The property valuation administrator of each county shall receive an annual

expense allowance of three thousand six hundred dollars ($3,600) to be paid from

the State Treasury in monthly installments of three hundred dollars ($300). Property

valuation administrators shall not be required to keep records verifying

expenditures from this expense allowance.

(2)The expense allowance provided in subsection

(1)of this section shall be used by

the property valuation administrator for expenses incurred in the performance of his

duties. The allowance is to provide the necessary funds for payment of all

expenditures of the property valuation administrator not directly associated with the

assessment of property in his particular county.

(3)Each property valuation administrator shall annually, within each calendar year,

participate in a minimum of thirty

(30)classroom hours of professional instruction

conducted or approved by the Department of Revenue. Any property valuation

administrator failing to meet the department's requirements for any calendar year

shall not receive the three thousand six hundred dollar ($3,600) annual expense

allowance provided in subsection

(1)of this section for the subsequent calendar

year.

(4)The annual requirement for participation in classroom instruction shall be reduced

to fifteen

(15)hours for any property valuation administrator awarded the "senior

Kentucky assessor"

(SKA)professional designation under the provisions of KRS

132.385.