{"data":{"id":"us-ky/krs-133.170","jurisdiction":"us-ky","citation":"KRS 133.170","heading":"Certification of equalization -- Appeal by fiscal court -- Exoneration from","body":"increase in value -- Application -- Procedure -- Appeal.\n(1) When the Department of Revenue has completed its equalization of the assessment\nof the property in any county, it shall certify its action to the county judge/executive,\nwith a copy of the certification for the county clerk, to be laid before the fiscal court\nof the county.\n(2) If the fiscal court deems it proper to ask for a review of the aggregate equalizat ion\nof any class or subclass of property, it shall direct the county attorney to prosecute\nan appeal of the aggregate increase to the Board of Tax Appeals pursuant to KRS\n49.220 within ten (10) days from the date of the certification.\n(3) Within ten (10) d ays from the date that the department's aggregate equalization of\nany or all classes or subclasses of property becomes final by failure of the fiscal\ncourt to prosecute an appeal or by order of the Board of Tax Appeals pursuant to\nKRS 49.200 to 49.250 or t he courts, the fiscal court shall cause to be published, at\nleast one (1) time, in the newspaper having the largest circulation within the county,\na public notice of the department's action.\n(4) Within ten (10) days from the date of the publication of the notice required in\nsubsection (3) of this section, any individual taxpayer whose property assessment is\nincreased above its fair cash value by the equalization action may file with the\ncounty clerk an application for exoneration of his property assessment from the\nincrease. The application shall be filed in duplicate and shall include the name and\naddress of the person in whose name the property is assessed; the assessment of the\nproperty before the increase; the description and location of the property inc luding\nthe description shown on the tax roll; the property owner's reason for appeal; and all\nother pertinent facts having a bearing upon its value. The county clerk shall forward\none (1) copy, of each application for exoneration to the Department of Reven ue and\nshall exclude the amount of the equalization increase from the assessment in the\npreparation of the property tax bill for each property for which an application for\nexoneration has been filed.\n(5) The county judge/executive shall reconvene the board  of supervisors immediately\nfollowing the close of the period for filing applications for exoneration from the\nincrease. The board shall schedule and conduct hearings on all applications in the\nmanner prescribed for hearing appeals by KRS 133.120; however,  the board shall\nnot have authority to reduce any assessment to an amount less than that listed for\nthe property at the time of adjournment of the regular board session.\n(6) The county clerk shall act as clerk of the reconvened board and shall keep an\naccurate record of the proceedings in the same manner as provided by KRS\n133.125. Within five (5) days of the adjournment of the reconvened board, he or she\nshall notify each property owner in writing of the final action of the board with\nrelation to the equal ization increase and shall forward a copy of the proceedings\ncertified by the chairman of the board and attested by him or her to the Department\nof Revenue and to the other taxing districts participating in the tax.\n(7) Any taxpayer whose application has been denied, in whole or in part, may appeal to\nthe Board of Tax Appeals as provided in KRS 49.220, and appeals thereafter may\nbe taken to the courts as provided in KRS 49.250.\n(8) The provisions of KRS 133.120(9) shall apply to the payment of taxes upon an y\nproperty assessment for which an application for exoneration has been filed.\n(9) The provisions of subsections (4), (5), (6), (7), and (8) of this section shall only\napply to appeals growing out of equalization action by the Department of Revenue\nunder the provisions of KRS 133.150.","path":["KRS Chapter 133"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=51503","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:25Z","sha256":"d1137b3d062c166275e087ceabbc2ccb00c13491519d78ea7a40b14813492b51","source_id":"us-ky","stale":false,"prev":"us-ky/krs-133.160","next":"us-ky/krs-133.180"},"notice":"GroundRules: Original legal text. Not legal advice."}