Tax Rate Calculation for Cities- Department for Local Government Cities Branch

“Blue cover slide titled ‘Tax Rate Calculation for Cities,’ showing ‘Department for Local Government Cities Branch’ and the Kentucky ‘Unbridled Spirit’ logo on a dark-blue background.”
“Contact slide listing the Department for Local Government Cities Branch website (kydlgweb.ky.gov) and general email (dlg-csd@ky.gov) with the Kentucky logo at the bottom.”
“Slide titled ‘Property Assessment’ with bullet points: County PVA performs assessments and sends data to Department of Revenue (DOR); DOR certifies information; DOR sends certification to DLG and county PVAs; cities should contact their county PVA for certified data.”
“Slide titled ‘Maximum Tax Rate’ explaining Section 157 of the Kentucky Constitution caps rates by city population: $1.50 per $100 for =15,000; $1.00 per $100 for 10,000–14,999; $0.75 per $100 for =9,999.”
“Slide titled ‘Tax Rate Adoption’ noting cities on a county bill have 45 days from DOR certification to adopt a rate; cities issuing their own bills have no time limit (Light v. Louisville).”
“Slide titled ‘Adopting Tax Rates’ stating Kentucky law requires cities to tax all real and personal property annually unless exempt, and to adopt rates by ordinance with first and second readings.”
“Slide titled ‘Hearing Process – KRS 132.027’ stating any rate above the compensating rate requires a public hearing (advertised twice or mailed to all owners) and any rate exceeding the 4% increase rate is subject to a recall vote, with the Kentucky logo.”
“Slide titled ‘DLG’s Role in Tax Rate Calculation’ explaining DLG is required to calculate county rates but not cities, must provide technical assistance per KRS 91A.050, and offers help by supplying the workbook on its website, assisting by phone/email, and reviewing calculations, with the Kentucky logo.”
“Screenshot of the DLG Municipal Home page showing a sidebar menu (highlighting ‘Cities’) and a link to the ‘2017 City Tax Rate Calculation Workbook’ XLS download, with red arrows pointing to each.”
“Slide titled ‘Tax Rate Calculation Workbook’ noting it’s a five-page Excel workbook with data entry on page 1 (fields 1–9) that auto-populates the rest; page labels for real and personal property rates are listed alongside a worksheet preview with red bracket highlighting the entry area.”
“Slide titled ‘TAX Workbook – Terms & Definitions’ defining Real Property (lands and improvements), Personal Property (tangible and intangible, excluding motor vehicles/watercraft), Total Property (sum of RP and PP), and New Property (additions and deletions), with the Kentucky logo.”
“Slide titled ‘TAX Workbook – Terms & Definitions’ defining Actual Tax Rate (imposed rate), Compensating Rate (roll-back to yield same revenue as prior year, rounded up one-tenth of a cent), Substitute Rate (new compensating rate if minimum revenue isn’t met), and 4% Rate (yields 4% more revenue, rounded down), with the Kentucky logo.”
“Slide titled ‘Additional – Terms and Definitions’ defining Certification of Assessment (DOR form for assessments), Recapitulation (recap) Form (county PVA summary of real property tax roll), and the ‘Rate Chasing Effect’ (when RP and PP rates diverge, driving PP rate up over time), with the Kentucky logo.”
“Slide titled ‘Recapitulation – Total Real Property’ showing a PVA summary table of real property tax-roll changes for Franklin County–City of Frankfort, with total real estate assessment highlighted in red.”
“Slide titled ‘Recapitulation – New Property’ displaying a recap form excerpt with columns for additions to and deletions from the tax roll, and total new property, with key figures boxed in red.”
“Slide titled ‘Tax Rate Calculation’ listing required inputs: prior year’s adopted rates; current-year recap form (RP) from PVA; prior-year recap or prior workbook copy; personal property assessments for both years; and the DLG tax-rate calculation workbook.”
“Slide titled ‘TAX RATE CALCULATION FORMS’ listing the three worksheets: Real Property, Substitute Rate, and New Property, on a dark-blue Kentucky-branded background.”