Ad valorem tax levy for school purposes -- Maximum rates -- Subdistrict taxes abolished
Applied in 10 court decisions — leading case Folks v. Barren County (1950)
Most recently applied in Miller v. Nunnelley (June 1971)
Effective: July 14, 2000 History: Amended 2000 Ky
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
(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.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.