KRS 68.248: County revenue limits on tax rate applicable to personal property.

(1) In the event that the tax rate applicable to real property levied by a county fiscal

court will produce a percentage increase in revenue from personal property less than

the percentage increase in revenue from real property, the county fiscal court may

levy a tax rate applicable to personal property which will produce the same

percentage increase in revenue from personal property as the percentage increase in

revenue from real property.

(2) The tax rate applicable to personal property levied by a county fiscal court under the

provisions of subsection (1) of this section shall not be subject to the public hearing

provisions of KRS 68.245(5) and to the recall provisions of KRS 68.245(6).