Code · Kentucky · Kentucky Revised Statutes

160.475 Ad valorem tax levy for school purposes -- Maximum rates -- Subdistrict

71 words·~1 min read·/ky/160-475

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taxes abolished.

(1)Except as otherwise provided in KRS 157.440, 160.470(1), and 160.476(4), the ad

valorem tax levy for school purposes, other than sinking fund purposes, in each

school district, shall be not more than one dollar and fifty cents ($1.50) annually on

each one hundred dollars ($100) of property subject to local taxation.

(2)All existing subdistrict school tax levies, except those required to retire voted

bonds, are hereby abolished.