173.610 Tax rate change prohibited except by vote of people -- Procedure --

267 words·~1 min read·/ky/173-610

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

Limitation.

(1)The special ad valorem tax rate for the maintenance and operation of a public

library district created pursuant to KRS 173.470 before July 13, 1984, may be

increased or decreased by submission to the voters of the district at a general

election and approved by a majority of the votes cast on the issue. The board or any

one hundred

(100)qualified voters residing within the district may file a duly

certified copy of a resolution or petition with the clerk of each county within the

district and the county clerk shall certify whether the petition is sufficient not later

than the second Tuesday in August prior to the election and the clerk shall

thereupon cause the question to be prepared to be presented to the voters in

substantially the following form: "Are you in favor of increasing (or decreasing)

from (insert amount) cents to (insert amount) cents on each one hundred dollars

($100) of the assessed valuation of all property in the (insert name of public library

district) public library district the maximum tax which the district can impose for

the maintenance and operation of (insert name of district) public library district?"

(2)Any increase provided for in subsection

(1)or

(3)of this section shall not exceed

twenty cents ($0.20) on each one hundred dollars ($100) of the assessed valuation

of all property in the district.

(3)The special ad valorem tax rate for the maintenance and operation of a public

library district created pursuant to KRS 173.470 before July 13, 1984, may be

increased or decreased by the procedure in KRS 173.790.