160.472 Determination of maximum permissible school district revenue.
62 words·~1 min read·
/ky/chapter-160/160-472A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any provisions of this chapter to the contrary, the tax rate on motor vehicles and trailers for the preceding year shall be applied to the preceding year's total valuation of such motor vehicles and trailers and the resulting amount added to the revenue from other tangible personal property for purposes of determining the maximum permissible school district revenue under KRS 160.470.