KRS 133.110: Correction of clerical errors in assessment.

(1) After submission of the final real property recapitulation or certification of the

personal property assessment, the property valuation administrator may correct

clerical, mathematical, or procedural errors in an assessment or any duplication of

assessment. Changes in assessed value based on appraisal methodology or opinion

of value shall not be valid. All corrections shall be reviewed by the Department of

Revenue and those changes determined by the department to be invalid shall be

rescinded. Any taxpayer affected by this rescission shall not be subject to additional

penalties.

(2) Notwithstanding other statutory provisions, for property subject to a tax rate that is

set each year based on the certified assessment, any loss of property tax revenue

incurred by a taxing district due to corrections made after the tax rate has been set

may be recovered by making an adjustment in the tax rate to be set for the next tax

year.