{"data":{"id":"us-ky/krs-96.179","jurisdiction":"us-ky","citation":"KRS 96.179","heading":"Payment of tax equivalent.","body":"In lieu of taxes, the board may each year pay to each school district and municipality in\nwhich its property is located an amount equivalent to an annual ad valorem tax on the fair\ncash value of the property of the board located in each such jurisdiction, determined upon\nthe tax rate prevailing in such year.","path":["KRS Chapter 96"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26192","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:57Z","sha256":"1f936ce1f04c39201706a22cbf2302d7618cd8156d43ce09fe1f60b00794cfb5","source_id":"us-ky","stale":false,"prev":"us-ky/krs-96.178","next":"us-ky/krs-96.180"},"notice":"GroundRules: Original legal text. Not legal advice."}