<br><br>92.540 Manner of assessment, levy and collection, how regulated by ordinance in <br>cities of second, fifth and sixth classes. <br>(1) The city legislative body of any city of the second class may by ordinance change <br>the manner of assessment, levy and collection of taxes provided in this chapter, and <br>may prescribe by ordinance in what manner property shall be assessed and taxes <br>levied and collected, except that the statutory interest and penalties shall not be <br>increased, nor the period of redemption decreased, nor shall the notice to delinquent <br>taxpayers after the sale of their property for taxes be dispensed with. <br>(2) The city legislative body of each city of the fifth or sixth class shall provide by <br>ordinance a system for the assessment, levy and collection of all city taxes, not <br>inconsistent with the statutes relating to revenue and taxation in cities of those <br>classes. The system so adopted shall conform, as nearly as circumstances permit, to <br>the provisions of the statutes relating to assessment, levy and collection of state and <br>county taxes. <br>Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. <br>Stat. secs. 3189b, 3644, 3677. <br><br>