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Duties of the PVA The Meade County P.V.A. is a locally elected official charged with assessing all property, both real and personal, that lies within Meade County.  There are some exceptions such as vehicles, public service companies, and omitted tangible properties, all values which the Kentucky Department of Revenue assigns in Frankfort. All property, unless specifically exempted by the Constitution, is taxable.  The Constitution expressly prohibits exemption of any property or persons except those allowed by the Constitution itself.  Therefore, taxation is the rule and exemption the exception.  Click here for General Tax Information.  Your Property Valuation Administrator’s office DOES NOT determine how much tax you pay.   We only assess the fair market value of the property to be taxed.  There are two components that determine your property tax bill; ASSESSED VALUE and TAX RATE.  The TAX RATE is determined by elected officials such as County Governments, City Governments, School Boards, and taxing districts such as the library board, extension board, health board, and fire departments. The P.V.A. does NOT set property tax rates, nor do they collect property taxes.  The Kentucky Constitution requires equality and uniformity through fair cash value assessments.  Fair Cash Value is defined as the price that a piece of property will bring in a fair voluntary sale between a willing seller and a willing buyer.
Duties of PVA