KRS 136.170: Apportionment of property valuation.

The Department of Revenue shall allocate the assessed value of the operating property in

this state among the counties, cities, and other taxing districts. The location of operating

property and the proportion which the length of line or route operated in such taxing

district bears to the total length of lines or route operated in this state shall be considered

in this allocation and such other reasonable evidence of value as the Department of

Revenue may by regulations prescribe; provided, however, that th e assessed value of

nonoperating tangible property shall be allocated to the county, city, or other taxing

district where the property is situated.