Statutes, codes, and regulations
Kentucky Revised Statutes
Title 9 - COUNTIES, CITIES, AND OTHER LOCAL UNITSChapter 92 - FINANCE AND REVENUE OF CITIES OTHER THAN THE FIRST CLASS
FINANCIAL ADMINISTRATION
Section 92.330 - Purpose of tax levied or imposed by city of home rule class to be specified - Funds not to be diverted

Ky. Rev. Stat. § 92.330

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Current through 2024 Ky. Acts ch.225
Section 92.330 - Purpose of tax levied or imposed by city of home rule class to be specified - Funds not to be diverted

All taxes and license fees levied or imposed by cities of the home rule class shall be levied or imposed by ordinance. The purpose for which each tax is levied or license fee imposed shall be specified in the ordinance, and the revenue therefrom shall be expended for no other purpose than that for which the tax was levied or the license fee imposed. Failure to specify the purpose of the tax or license fee shall render the ordinance invalid.

KRS 92.330

Amended by 2014 Ky. Acts ch. 92,§ 100, eff. 1/1/2015.
Effective:10/1/1942
Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. secs. 3175, 3290-12, 4281u-2.