<br><br>92.280 General power of cities to tax. <br>(1) Except as provided in KRS 132.487, the legislative body of each city of the second <br>to the sixth class shall provide each year, by ordinance, for the assessment of all real <br>and personal property within the corporate limits that is subject to taxation for city <br>purposes, and shall levy an ad valorem tax thereon for city purposes. <br>(2) The legislative body of each city of the second to sixth class may impose license <br>fees on stock used for breeding purposes, and on franchises, trades, occupations and <br>professions, and may provide for the collection of such fees. <br>Effective: January 1, 1985 <br>History: Amended 1984 Ky. Acts ch. 54, sec. 11, effective January 1, 1985. -- <br>Amended 1974 Ky. Acts ch. 386, sec. 16. -- Amended 1946 Ky. Acts ch. 184, sec. 1. <br>-- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. <br>Stat. secs. 3174, 3290-1, 3290-12, 3490-2, 3490-3, 3637-2, 3637-3, 3637-4, 3704-2, <br>3704-3, 4281u-1. <br><br>