Request By:
Mr. R. Michael Amyx
Executive Director
Kentucky Municipal League
Suite 201, Bradley Hall
University of Kentucky
Lexington, Kentucky 40506
Opinion
Opinion By: Robert F. Stephens, Attorney General; By William S. Riley, Assistant Attorney General
In your recent letter to the Attorney General, it is stated that pursuant to KRS 92.520 cities of the first through fourth class are permitted to grant discounts for early payment of ad valorem taxes, but no such authority is found for cities of the fifth and sixth classes.
The question is whether this interpretation of the statutes is correct.
Discounts for early payment of property taxes in first class cities is provided for in KRS 91.430. Discounts for the collection of property taxes in second through fourth class cities is provided for in KRS 92.590. Collection of property taxes in cities of the fifth and sixth classes is provided for in KRS 92.640. There is no provision in that statute for any discount for early payment of such taxes.