KRS 92.280: General power of urban -county government and city of home rule class to

tax.

(1) Except as provided in KRS 132.487, the legislative body of an urban -county

government and each city of the home rule class shall provide each year, by

ordinance, for the assessment of all real and personal property within the corporate

limits that is subject to taxation for urban -county government or city purposes, and

shall levy an ad valorem tax thereon for those purposes.

(2) The legislative body of an urban -county government and each city of the home rule

class may impose license fees on stock used for breeding purposes, and on

franchises, trades, occupations, and professions, and may provide for the collection

of such fees.