Property tax is a tax levied or assessed on the owner of property—often real property (real estate)—that is based on the property’s appraised value. Local governments often impose property taxes to finance their school districts, police departments, fire departments, and municipal projects such as construction and maintenance of streets and roads.
Most local government authorities (often counties) allow citizens to dispute or challenge the appraised value of their property through an administrative process initiated with the tax assessor or appraisal district.
In Kentucky, property tax is an annual tax imposed on property owners based on the assessed value of their real estate, which includes land and any permanent structures attached to it. The revenue from property taxes primarily funds local services such as public schools, law enforcement, fire protection, and infrastructure maintenance. Property assessments are conducted by Property Valuation Administrators (PVAs) in each county, who determine the fair cash value of the property. Property owners in Kentucky have the right to appeal the assessment if they believe it does not reflect the property's fair market value. The appeal process typically begins with a conference with the PVA or a written appeal to the local board of assessment appeals. If the property owner is not satisfied with the local board's decision, they can further appeal to the Kentucky Board of Tax Appeals and, if necessary, to the courts.