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COMMONWEALTH OF KENTUCKYPROPERTY TAX RATES2020Department of RevenueOffice of Property Valuation1

KENTUCKY PROPERTY TAX RATES2020This is the annual publication of Kentucky Property Tax Rates.The Office of Property Valuation has compiled this listing to serve as a source ofinformation for those affected by property taxation in the Commonwealth of Kentucky.All tax rates are expressed in terms of cents per 100 of the taxable value of propertiessubject to taxation. We are pleased to make this information available.Office of Property ValuationDepartment of Revenue2

TABLE OF CONTENTSExplanation of Rate TablesClassified Property Tax Rate StructureTABLE I - State Property Tax RatesTABLE II - Average Property Tax RatesTABLE III - Local Property Tax RatesPrinting Costs paid by the Department of Revenue34561112

EXPLANATION OF RATE TABLESThis publication reports the 2020 ad valorem property tax rates of the state and localgovernmental units in Kentucky, including county, city, school and special district levies.Kentucky has a broadly-based classified property tax system. As shown in the tables onthe following pages, all classes of property, unless exempted by the Constitution, aretaxed by the state, although at widely varying rates. Many of these classes, on the otherhand, are exempted from taxation by local government. Of the classes that are subject tolocal taxation, three have special rates set by the General Assembly, one by the KentuckySupreme Court, and the remaining classes are subject to the full local rate, which includesthe tax rate set by the local taxing bodies plus all voted levies.Table I is the state property tax rate.Table II provides the average tax rates for Kentucky for 2020. (The averages areshown for informational purposes only.)Table III provides the basic rate table, showing on a county basis all availablelocal rates.4

CLASSIFIED PROPERTY TAX RATE STRUCTUREAS OF JANUARY 1, 2020The following tables provide a breakdown of the major classes of property subject to advalorem taxation in the state of Kentucky. The tax rates are expressed in cents per 100dollars of assessed value.5

TABLE ISTATE PROPERTY TAX RATESThe following table provides a breakdown of the major classes of property subject to advalorem taxation in the state of Kentucky.2020 REAL ESTATE PROPERTYTax rates are expressed in cents per 100 of assessed value.STATERATECOUNTYRATESCHOOLRATECITY RATEKRS 132.02012.2FULLFULLFULLKRS 132.02012.2FULLFULLFULLKRS 132.020 (1) (O)10******KRS 132.020 (1) (B)1.5NONENONENONEPROPERTY TYPESTATUTECOMMERCIALLAND & IMPROVEMENTSFARMLAND & IMPROVEMENTSINTRASTATE RAILROADSLOCAL 4-R MULTIPLIER APPLIEDLEASEHOLD INTERESTOWNED & FINANCED BY TAX EXEMPT ORGANIZATIONMOBILE HOMESKRS 132.75012.2FULLFULLFULLNATURAL GAS PROPERTYKRS 132.82012.2FULLFULLFULLKRS 132.82012.2FULLFULLFULLOTHER UNMINED MINERALSKRS 132.82012.2FULLFULLFULLRESIDENTIALKRS 132.02012.2FULLFULLFULLTIMBER PROPERTYKRS 132.020(1)12.2FULLFULLFULLUNMINED COALKRS 132.82012.2FULLFULLFULLPRODUCING & UNDEVELOPEDOIL PROPERTYPRODUCING & UNDEVELOPEDLAND & IMPROVEMENTS6

2020 TANGIBLE PERSONAL PROPERTYTax rates are expressed in cents per 100 of assessed value.STATERATECOUNTYRATESCHOOLRATECITY RATE21.69******KRS 132.020(1)1.5NONENONENONEAGRICULTURAL PRODUCTS IN STORAGE- NOT AT MFGKRS 132.020(1)1.54.5NONE4.5AGRICULTURAL PRODUCTS TOBACCO IN STORAGEKRS 132.020(1)1.51.5NONE4.5AIRCRAFT (COMMERCIAL - OTHER)KRS 132.020 (1)45FULLFULLFULLKRS 132.020 (1) (P)1.5***************21.69******PROPERTY TYPESTATUTE4-R ACT RATE - TANGIBLE STATE PORTIONNONEAGRICULTURAL PRODUCTS IN HANDS OFPRODUCER/AGENTAIRCRAFT (PERSONAL - NOT FOR HIRE)AIRCRAFT (PUBLIC SERVICE - FOR HIRE)KRS 136.120LOCAL 4-R RATE & MULTIPLIER APPLIEDALCOHOL PRODUCTION FACILITIESKRS 132.020(1) (L)0.1NONENONENONEBUSINESS FURNITUREKRS 132.020(1)45FULLFULLFULLCAR LINESKRS 136.180(4)64.33*********COMPUTER EQUIPMENTKRS 132.020(1)45FULLFULLFULLCONSTRUCTION EQUIPMENTKRS 132.020(1)45FULLFULLFULL5FULLFULLFULLDISTILLED SPIRITSKRS 132.020(1) (N)DRILLING & MINING EQUIPMENTKRS 132.020(1)45FULLFULLFULLELECTRIC PLANT BOARDSKRS 96.820110******FARM MACHINERYKRS 132.020(1)0.1NONENONENONEFLUIDIZED BED ENERGY FACILITYKRS 132.020(1)0.1NONENONENONEELECTRIC PLANT BOARD ADJUSTMENT FACTORFOREIGN TRADE ZONESKRS 132.020(1) (H)0.1NONENONENONEINTRASTATE RAILROADSKRS 136.020(1) (O)10******00%0%0%LOCAL 4-R MULTIPLIER APPLIEDINVENTORY IN TRANSITKRS 132.1907

2020 TANGIBLE PERSONAL PROPERTYTax rates are expressed in cents per 100 of assessed value.PROPERTY TYPESTATUTELEASEHOLD INTERESTKRS 132.020 (1) (B)STATERATECOUNTYRATESCHOOLRATECITY RATE1.5NONENONENONEOWNED & FINANCED BY TAX EXEMPT ORGANIZATION. INDUSTRIAL REVENUE BOND PROPERTY (IRB)LIVESTOCK & POULTRYKRS 132.020(1)0.1NONENONENONELOCAL 4-R MULTIPLIERKRS 136.18050******MANUFACTURERS FINISHED GOODSKRS 132.020(1)5FULLFULLFULLMANUFACTURERS MACHINERYKRS 132.020(1) (I)15NONENONENONEMANUFACTURERS RAW MATERIALSKRS 132.020(1)5NONENONENONEMERCHANTS INVENTORYKRS 132.020(1)5****FULL****MOTOR VEHICLES - APPORTIONEDKRS 136.18764.33*********KRS132.020; 132.2005NONENONENONEKRS 132.020(1) (M)25NONENONENONEMOTOR VEHICLES - HELD FOR SALEMOTOR VEHICLES - HISTORICMOTOR VEHICLES - RECREATIONALKRS 132.48745FULLFULLFULLMOTOR VEHICLES - REGULARKRS 132.48745FULLFULLFULLPOLLUTION CONTROL FACILITIESKRS 132.020(1) (K)15NONENONENONEPRECIOUS METALSKRS 132.020(1)45FULLFULLFULLPROFESSIONAL TRADE TOOLSKRS 132.020(1)45FULLFULLFULLPUBLIC WAREHOUSES - GOODS IN STORAGEKRS 132.020 (1)5FULLFULLFULLPUBLIC WAREHOUSES - GOODS IN TRANSITKRS 132.095********************KRS 132.020(1) (C)1.5NONENONENONEKRS 132.020(1) (J)15NONENONENONEBULLIONREPEALED IN 2000QUALIFYING ENVIRONMENTAL REMEDIATION PROPERTYRADIO-TELEVISION-TELEPHONIC8

2020 TANGIBLE PERSONAL PROPERTYTax rates are expressed in cents per 100 of assessed value.STATERATECOUNTYRATESCHOOLRATECITY RATEKRS 132.02045NONENONENONETANGIBLE PROPERTY NOT ELSEWHERE SPECIFIEDKRS 132.020 (1)45FULLFULLFULLWATERCRAFT - COMMERCIAL BARGE/TUGS STATE RATEKRS 136.180145NANANAWATERCRAFT - COMMERCIAL BARGE/TUGS WGT LOC RATEKRS 136.1801106.851536NANANAKRS 132.020 (1) (Q)1.5***************KRS 132.020 (1)45FULLFULLFULLPROPERTY TYPESTATUTERECYCLING EQUIPMENTANNUALLY CALCULATED LOCAL RATEWATERCRAFT - DOCUMENTED BOATSWATERCRAFT - OTHER BUSINESSCOMMERCIAL DINING BOATS, EXCURSION BOATS, DREDGING AND CONSTRUCTION VESSELS, ETC.WATERCRAFT - PERSONALKRS 132.020 (1)WEIGHTED AVERAGE STATE RATEINCLUDES STATE AND LOCAL RATES945FULLFULLFULL64.33*********

2020 INTANGIBLE PROPERTYTax rates are expressed in cents per 100 of assessed value.STATERATECOUNTYRATESCHOOLRATECITY RATEKRS 132.2080NONENONENONEACCOUNTS RECEIVABLE BETWEEN PARENT & SUBKRS 132.2080NONENONENONEANNUITIESKRS 132.2080NONENONENONEPROPERTY TYPESTATUTEACCOUNTS RECEIVABLE & OTHER CREDITSRIGHT TO RECEIVE INCOMEBANK DEPOSITS - DOMESTICKRS 132.030(1)0.1NONENONENONEBANK DEPOSITS - OUT 0F STATEKRS 132.030(1)0NONENONENONEBANK FOR COOPERATIVESKRS 132.300(1)10NONENONENONEKRS 132.2080NONENONENONEBROKERS ACCOUNTS RECEIVABLEKRS 132.2080NONENONENONEDOMESTIC LIFE INSURANCE - CAPITALKRS 136.3200.115NONE15DOMESTIC LIFE INSURANCE - RESERVESKRS 136.3200.1NONENONENONEDOMESTIC LIFE INSURANCE-POLICY PROCEEDS ONDEPOSITKRS 132.2160NONENONENONEINTANGIBLE PROPERTY NOT ELSEWHERE SPECIFIEDKRS 132.2080NONENONENONEMARGINAL ACCOUNTSKRS 132.2080NONENONENONEPRODUCTION CREDIT ASSOCIATIONKRS 136.30010NONENONENONEPROFIT SHARING PLANSKRS 132.2080NONENONENONERECEIVABLES, PATENTS, TRADEMARKS, & ROYALTIESKRS 132.2080NONENONENONERETIREMENT PLANSKRS 132.2080NONENONENONESAVINGS & LOAN ASSOCIATIONSKRS 132.300(1)10NONENONENONECAPITAL STOCKBONDS, NOTES & MORTAGESIN STATE BUSINESSESOUT-OF-STATE BUSINESSES10

GlossaryNANot Applicable**********In Lieu of Tax computed annuallyComputed AnnuallyIncluded in the State Rate ColumnPursuant to KRS 132.028 and KRS 68.246, a City, County or Urban County Governmentmay levy a rate on Merchants Inventories that is less than the prevailing rate oftaxation on other tangible personal property.***********4-R ACTAll local districts have the option to exempt this property.Fire and other special districts have the option to tax property at the local level.This is a Federal mandate affecting the property tax rates of railroad companies andcommercial airlines.11

TABLE IIAVERAGE LOCAL PROPERTY TAX RATESTax rates are expressed in cents per 100 of assessed value.TYPE OF DISTRICTCLASS OF PROPERTYTAX RATE *NO. DISTRICTS REPORTINGCOUNTIESAverage Real Estate Rate33.7518120Average Tangible Rate39.8765120Average Motor Vehicle Rate25.5294120Average Real Estate Rate(Zero Rates Excluded)Average Real Estate Rate(Zero Rates Included)22.535122.369404407Average Tangible Rate(Zero Rates Excluded)Average Tangible Rate(Zero Rates Included)29.930622.0619300407Average Motor Vehicle Rate(Zero Rates Excluded)Average Motor Vehicle Rate(Zero Rates Included)24.887516.6936273407Average Real Estate Rate65.9935176Average Tangible Rate66.4668176Average Motor Vehicle Rate55.8585176Average Real Estate Rate(Zero Rates Excluded)Average Real Estate Rate(Zero Rates Included)10.753510.7535232232Average Tangible Rate(Zero Rates Excluded)Average Tangible Rate(Zero Rates Included)11.1767.2259150232Average Motor Vehicle Rate(Zero Rates Excluded)Average Motor Vehicle Rate(Zero Rates Included)10.56446.6028145232CITIESSCHOOL DISTRICTSSPECIAL TAX DISTRICTS12

TABLE IIILOCAL PROPERTY TAX RATESTax rates are expressed in cents per 100 of assessed value.**Watersheds & Soil Conservation districts levy real estate rates only.Inventory-In-Transit is exempted from taxation by cities, counties, charter counties,urban-counties, and school districts. Fire and other special districts have the optionto tax property at the local level.*Commercial watercraft, commercial aircraft and public service (franchise) companyproperties are subject to the general real estate and tangible personal tax rates forall local taxing jurisdictions including cities.Disclaimer on Accuracy and Completeness of Local Tax InformationAlthough the information found in this document has been produced and processed fromsources believed to be reliable, no warranty, expressed or implied, is made regarding theaccuracy, adequacy, completeness legality, reliability or usefulness of any local tax information.This disclaimer applies to both isolated and aggregate uses of information. The Department ofRevenue (DOR) assumes no liability or responsibility for the quality, accuracy, or completeness ofthe information. The published information may contain technical inaccuracies or typographicalerrors. Changes are periodically made to the information herein. The DOR may makeimprovements and/or changes in the content(s) described herein at any time. Anyone who hasquestions or needs additional information concerning the local tax rates, please contact theCounty Clerk, Property Valuation Administrator, and/or the individual taxing jurisdiction.13

ADAIR COUNTY 0012020 Tax YearTAXING TPERSONALAIRCRAFTINVENTORY INTRANSITTD .30007.3000001002COUNTYEXTENSION 01003COUNTYGENERAL FISCAL 04COUNTYHEALTH UNTYHOSPITAL 9800001008COUNTYSOIL .043054.561354.561354.561354.561326.4113COUNTY WIDE TOTALREAL ESTATETANGIBLEPERSONALTDID001010SCHOOLGENERAL ADAIR 0.0000OTHER PROPERTY RELATED TAXESTIMERBERLAND FIRE PROTECTION 2.0 CENTS PER ACRE

ALLEN COUNTY 0022020 Tax YearTAXING TPERSONALAIRCRAFTINVENTORY INTRANSITTD .20008.2000002002COUNTYEXTENSION COUNTYGENERAL FISCAL 002006COUNTYSOIL .250034.700034.700034.700025.700021.2000COUNTY WIDE TOTALREAL ESTATETANGIBLEPERSONALTDID002007SCHOOLGENERAL ALLEN 0000.0000OTHER PROPERTY RELATED TAXESTIMBERLAND FIRE PROTECTION 2 CENTS PER ACRENOTE: FIRE DEPARTMENT FEE 30 PER STRUCTURE PROPERTY EXCLUDING STRUCTURE PROPERTY IN CITY OF SCOTTSVILLE