§ 68.001 Definition of state local finance officer
§ 68.002 “County,” “fiscal court,” and “county judge/executive” defined to apply to charter county governments
§ 68.005 County administrative code
§ 68.010 County treasurer — Appointment, term, oath, bond — Appointment of acting county treasurer under specified circumstances
§ 68.020 County treasurer — Duties and powers
§ 68.030 Approval and recording of settlements
§ 68.050 Duties of outgoing county treasurer
§ 68.060 Fiscal year for counties
§ 68.080 Publication of annual financial statement of counties containing city of first class
§ 68.090 County ad valorem taxes — Limitation — Special tax for tubercular institution
§ 68.100 Purpose of tax to be specified — Funds not to be diverted — Remedies
§ 68.110 Expenditure in excess of revenue or diversion of funds forbidden
§ 68.120 Surplus in special fund to revert to general fund — Return to special reserve fund for similar purpose
§ 68.125 County land and building fund
§ 68.127 Emergency floodwall operation fund, fiscal court of county containing city of the first class may establish — Additions to fund — Investment of funds — Gifts
§ 68.130 Auditor and assistant auditor for consolidated local government or county having city of first class — Salary — Bond
§ 68.140 Duties of auditor and assistant auditor
§ 68.150 Additional audit by independent firm
§ 68.160 Purchasing agent for consolidated local government or county having city of first class
§ 68.170 Duties and salary of purchasing agent
§ 68.178 County license fee for off-site waste management facilities — Use of proceeds
§ 68.180 Occupational license tax in counties containing 300,000 population — Exemptions from local fees and taxes — Regulation of ministers
§ 68.185 Fiscal court’s function in collection and appropriation of tax
§ 68.190 Credit for payment of similar city tax
§ 68.195 Construction of KRS 68.180 to 68.195
§ 68.197 License fees in counties of 30,000 or more — Exemptions from local fees and taxes — Regulation of ministers
§ 68.198 Fiscal court powers as to imposition of license tax (counties of 30,000)
§ 68.199 County that attains population of 30,000 — Credit against occupational license fee — Voluntary credit — New fee or increase in fee
§ 68.200 License fee on retailers who rent out motor vehicles in counties containing a designated city, consolidated local government, or urban-county government — Use of proceeds
§ 68.202 License fee on cable television systems in counties containing a designated city — Use of proceeds
§ 68.210 Administration of county uniform budget system — Review — Revision
§ 68.220 Uniform county budget system
§ 68.240 Proposed budget — Contents — Duties of fiscal court
§ 68.245 Estimate of assessment — Levy in excess of compensatory tax rate subject to recall vote or reconsideration
§ 68.246 Rate on business inventories levied by fiscal court
§ 68.248 County revenue limits on tax rate applicable to personal property
§ 68.250 Form of budget — State local finance officer to regulate — Approval of budget
§ 68.260 Adoption of budget by fiscal court
§ 68.270 Certification of approved budget to state local finance officer
§ 68.275 Payment of claims against the county — Use of standing orders for payment of certain recurrent expenses — Use of electronic funds transfers
§ 68.280 Amendment of budget to provide for expenditure of unanticipated income
§ 68.290 Transfer of money between budget funds
§ 68.300 Expenditures in excess of budget fund void and illegal
§ 68.310 Limit of expenditures for first half of each fourth year
§ 68.320 Borrowing in anticipation of current receipts
§ 68.350 Investigation and examination by state local finance officer — Action to compel compliance with budget law
§ 68.360 Monthly statement of county treasurer — Quarterly statement of county judge/executive
§ 68.510 Legislative intent
§ 68.520 “Public service program” defined — Provisions for submission of proposals to electorate — Limitation on ad valorem or occupational license taxes
§ 68.530 Fiscal court resolution and order designating submission of proposals to voters — Election — Framing of questions
§ 68.540 Approval by voters — Levy
§ 68.550 Applicability to urban-county governments
§ 68.600 Definitions for KRS 68.600 to 68.606
§ 68.601 Compliance with KRS 65A.010 to 65A.090
§ 68.602 Portion of county in economic development project may organize district to levy taxes for higher level of services
§ 68.604 Organization of taxing district under KRS 68.602 — Ad valorem tax and occupational license tax
§ 68.606 Administration of district — Board of trustees
§ 68.990 Penalties

Terms Used In Kentucky Statutes > Chapter 68

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Animal: includes every warm-blooded living creature except a human being. See Kentucky Statutes 446.010
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appropriation: means an authorization by the General Assembly to expend, from public funds, a sum of money not in excess of the sum specified, for the purposes specified in the authorization and under the procedure prescribed in KRS Chapter 48. See Kentucky Statutes 446.010
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney: means attorney-at-law. See Kentucky Statutes 446.010
  • Beneficiary: means a person that:
    (a) Has a present or future beneficial interest in a trust, vested or contingent. See Kentucky Statutes 386B.1-010
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Charitable trust: means a trust, or part of a trust, established for a charitable purpose as described in KRS 386B. See Kentucky Statutes 386B.1-010
  • City: includes town. See Kentucky Statutes 446.010
  • Codicil: An addition, change, or supplement to a will executed with the same formalities required for the will itself.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Conservator: means a person appointed by the court to administer the estate of a minor or adult individual. See Kentucky Statutes 386B.1-010
  • Conviction: A judgement of guilt against a criminal defendant.
  • Decedent: A deceased person.
  • Devise: To gift property by will.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: means a person appointed by the court, a parent, or a spouse to make decisions regarding the support, care, education, health, and welfare of a minor or adult individual. See Kentucky Statutes 386B.1-010
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Inter vivos: Transfer of property from one living person to another living person.
  • Interests of the beneficiaries: means the beneficial interests provided in the terms of the trust. See Kentucky Statutes 386B.1-010
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Marital deduction: The deduction(s) that can be taken in the determination of gift and estate tax liabilities because of the existence of a marriage or marital relationship.
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Month: means calendar month. See Kentucky Statutes 446.010
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.
  • Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
  • Person: means any individual or entity as defined in KRS 446. See Kentucky Statutes 386B.1-010
  • Personal property: All property that is not real property.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Power of withdrawal: means a presently exercisable general power of appointment other than a power:
    (a) Exercisable by a trustee and limited by an ascertainable standard. See Kentucky Statutes 386B.1-010
  • Probate: Proving a will
  • Property: means anything that may be the subject of ownership, whether legal or equitable, or any interest therein. See Kentucky Statutes 386B.1-010
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Regular election: means the election in even-numbered years at which members of Congress are elected and the election in odd-numbered years at which state officers are elected. See Kentucky Statutes 446.010
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Settlor: means a person, including a testator, who creates or contributes property to a trust. See Kentucky Statutes 386B.1-010
  • Spendthrift provision: means a term of a trust which restrains both voluntary and involuntary transfer of a beneficiary's interest. See Kentucky Statutes 386B.1-010
  • State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Kentucky Statutes 386B.1-010
  • state local finance officer: shall mean the commissioner of the Department for Local Government, or his agent designated in writing with the approval of the Governor. See Kentucky Statutes 68.001
  • Terms of a trust: means the manifestation of the settlor's intent regarding a trust's provisions as expressed in the trust instrument or as may be established by other evidence that would be admissible in a judicial proceeding. See Kentucky Statutes 386B.1-010
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Treatment: when used in a criminal justice context, means targeted interventions that focus on criminal risk factors in order to reduce the likelihood of criminal behavior. See Kentucky Statutes 446.010
  • Trust: means an express trust established by a trust instrument, including a will, whereby a trustee has the duty to administer a trust asset for the benefit of a named or otherwise described income or principal beneficiary, or both. See Kentucky Statutes 386B.1-010
  • Trust instrument: means an instrument signed by the settlor that contains terms of the trust, including any amendments thereto. See Kentucky Statutes 386B.1-010
  • Trustee: includes an original, additional, and successor trustee, and a cotrustee. See Kentucky Statutes 386B.1-010
  • Violate: includes failure to comply with. See Kentucky Statutes 446.010
  • Year: means calendar year. See Kentucky Statutes 446.010