KRS 97.700: Appropriation or tax levy to maintain memorial.

(1) In order to provide sufficient funds for maintaining the memorial and for carrying

on the work of the commission the city legislative body in cities of the first class

shall annually appropriate from the general fund of the city such sums as in the

judgment of the legislative body shall, when supplemented by any funds received by

the commission from gifts or earnings of the memorial, be reasonably necessary for

such purposes. All moneys so appropriated may be paid over to the commission by

the director of f inance of such city in regular monthly installments. If it appears

from the report or statement of the commission that funds received by gift or from

earnings of the memorial, available for maintenance of the memorial for any fiscal

year, are fully adequat e for the purpose, the appropriation for such year may be

withheld by the legislative body.

(2) For the purpose of providing necessary funds for maintaining such memorial and for

carrying on the work of the commission a city legislative body of cities of t he home

rule class may annually appropriate from the general fund of the city or annually

levy and collect a tax not exceeding five cents ($0.05) on each one hundred dollars

($100) worth of taxable property in such city as determined by the last regular

assessment of such city, and the taxes so levied shall be collected in the customary

way and shall be paid over to said commission for the purpose named in this

section; provided, however, that if it shall appear from the report or statement of the

commission that funds received by gift or from earnings of the memorial, available

for maintenance of the memorial for any fiscal year, are fully adequate therefor after

deductions therefrom are made as herein provided, the said tax levy for such year

may be withheld by the city legislative body.