KRS 67A.780: Assessment ratio -- Special assessment.

The sum necessary to be raised annually for the sinking fund shall be assessed against the

property benefited in the proportion that the assessed value of each lot or parcel for

urban-county government taxation shall bear to the whole assessed value of the benefited

properties, as shown by the records upon which urban -county government taxation is

based at the time of the adoption of the Third Ordinance. Where there is no such record,

as in the case of public property, or property owned by religious, charit able, or

educational institutions, the same (except that owned by the United States government)

shall be specially assessed by the proper assessing officers, and for such special

assessment reasonable compensation may be made. Any such special assessment s hall be

subject to all procedures for equalization and judicial review as may be provided by law

in connection with ordinary assessments.