How is real estate property tax determined?

Property tax assessment and tax rate are the two factors that determine your tax bill.


Kentucky State law (KRS 160.460) requires all real property be assessed “at one hundred percent (100%) of fair cash value, the Kentucky Constitution (Section 172) defines assessed value as “the price [property] would bring at fair voluntary sale.” The Jefferson County Property Valuation Administrator’s office (PVA) makes its determination of assessed value by evaluating recent sale prices of similar property, improvements made to property, its location and sales demand.


State, County and City governments, and School Boards, set property tax rates. The City of Jeffersontown’s 2017 property tax rate is $0.1401 per $100 of assessed value (ie, $100,000 assessed value = $141.10 tax bill)

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1. Why did I receive a real estate tax bill?
2. How is real estate property tax determined?
3. What if my property is not worth the PVA’s assessed value?
4. Are there any tax exemptions available for property owners?
5. I pay my taxes to my mortgage company’s escrow account; will my mortgage company pay this tax?
6. What if I sold/bought property during the tax year?
7. When are real estate property taxes due?
8. How do I pay a Jeffersontown real estate tax bill?
9. What happens if I cannot pay my real estate property tax?
10. My tax bill was mailed to the wrong address, how can I correct the mailing address?
11. How can I find out the status of a Jeffersontown real estate tax bill?