Boonepva.org

Title

Boone County Property Valuation Administrator (PVA)

Description

Excerpted from the website:

The Property Valuation Administrator assesses the Fair Market Value of property to be taxed. A Kentucky Property Valuation Administrator (PVA) is a locally elected official whose primary duty is to equitably assess the value of real and personal property. The Constitution of Kentucky requires that “All property not exempted from taxation by this Constitution shall be assessed for taxation at its Fair Cash Value, estimated at the price it would bring at a fair voluntary sale.” This means that all property, unless specifically exempted by this Constitution, is taxable. Some exceptions are public service companies, bank shares, omitted tangible properties and vehicles, all values which the Kentucky Revenue Cabinet assigns in Frankfort.
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