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Lawrence County PVA

Chris Rose     Email: chrisa.rose@ky.gov

122 South Main Street   Louisa, KY 41230    Ph: (606) 638-4743

Office Hours: M-F 8am-4pm                            Fax: (606) 638-9067

  
 
        
 
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 About Your PVA     September 21, 2019  
 
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What the PVA does...
 
The PVA office is a Kentucky State office with county jurisdiction. The PVA is
a locally elected official who is charged with assessing all property,
both real and personal, that lies within Lawrence County. There are some
exceptions, such as public service companies, bank shares, and omitted
tangible properties which are valued by the state Revenue Cabinet in Frankfort.
 
What the PVA does not do...
 
The PVA office 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. There are two components which
determine your property tax bill: assessed value of your property and the
tax rate. The tax rates are set by taxing authorities which are cities,
counties, state governments and school districts. The sum of all of the tax rates from these authorities determines the amount of your tax bill. State
law caps TOTAL revenue increases for school districts to no more than 4%
higher than the previous year. School tax rates roll back when the cap is reached.
 
What property is taxable...
 
All property, unless specifically exempt by the Constitution, is taxable. The Constitution expressly prohibits exemption of any property or persons except those allowed by the Constitution itself. Thus, taxation is the rule and exemption is the exception. Currently, examples of such exceptions are the Homestead Exemption for age 65 and older, Disability for 100% totally disabled individuals, some religious, educational, and governmental properties, etc. Formal application must be made with the PVA office before any exemption can be granted. Forms for exemption status application are available elsewhere on this site under the heading "Property Tax Related Forms" on the menu bar to the left.
 
Ongoing PVA Duties...
 
The PVA must keep track of all ownership changes on real property of all types, maintain tax maps, update building characteristics and administer exemptions properly.
 
PVA Oversite by Kentucky Revenue Cabinet
 
Kentucky law allows for direct supervision of all PVA's by the Kentucky Revenue Cabinent (KRC). Yearly studies are performed by the KRC on each PVA to ascertain that the tax roll meets the statutory and constitutional requirements. The PVA's tax roll must meet required assessment levels and adhere to required standards of equity before the tax roll is accepted. This must be done before tax rates are set and tax bills can be printed and collected. It is therefor imperative that the PVA have knowledge of the rules and regulations, knowledge of the real estate environment in the county and of assessment processes and procedures in order for the revenue needed to support government services be billed and collected in a timely manner.
 
If you have specific questions about the duties of your PVA, please contact us at: (606) 638-4743

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Chris Rose Lawrence County PVA
(606) 638-4743 122 South Main Cross Street, Louisa, KY 41230

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