KRS 68.604: Organization of taxing district under KRS 68.602 -- Ad valorem tax and

occupational license tax.

(1) Districts shall be organized under the procedures of KRS 68.602.

(2) A district created under KRS 68.602 shall constitute a taxing district within the

meaning of Section 157 of the Constitution of Kentucky.

(3) A special ad valorem tax and an occupational license tax may be imposed for the

establishment, maintenance, and operation of the governmental services provided to

the district.

(a) The ad valorem tax levied shall not exceed ten cents ($0.10) per one hundred

dollars ($100) of the assessed valuation of all property in the district.

(b) The occupational license tax may be assessed after the approval of the fiscal

court of the county in which the distr ict is located under the provisions of

KRS 68.178, 68.180, 68.185, 68.190, 68.195, 68.197, 68.198, 68.200, and

68.202, as may be amended from time to time.

(4) All special ad valorem taxes and occupational license taxes authorized by KRS

65.180, 65.182, an d 68.600 to 68.606 shall be collected in the same manner as are

other county ad valorem taxes and occupational license taxes in each county

affected and shall be turned over to the board, or to the fiscal court if there is no

board. The special ad valorem tax shall be in addition to all other ad valorem taxes.