Property Tax Talk
Kentucky has had a tax on property since June 1, 1792, the date the State was created.
The Department of Revenue was created in 1936 to administer all state taxes.
In 1965 the Kentucky Court of Appeals ruled in the Russman vs. Luckett case that the full cash value standard must be adhered to.
The Finance and Administration Cabinet is one of the administrative agencies of the executive branch of state government. The Department of Revenue is one of seven departments within the Finance and Administration Cabinet. The Office of Property Valuation is within the Department of Revenue. The department is comprised of the Commissioner's Office plus three divisions:
Property tax is an ad valorem tax, which means according to value.
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