Tax Rate Calculation

Program Description

Tax Rate Calculation is a yearly service the NKADD provides to cities and special districts. Tax Rate Calculation ensures that a taxing district receives at least the same amount of revenue each year from real and tangible property taxes as outlined in KRS 132.010. This process helps provide a stable amount of revenue each year.

The taxing authority does not have to adopt the tax rate provided by these calculations. It is free to choose its rate, with some legal limitations. The calculation only computes rates to be used as benchmarks by the taxing district when setting their rates. The compensating rate is the rate that would provide the same amount of revenue each yeah when considering only real property.

The NKADD also calculates a substitute rate and a rate +4, which provides for 4% more revenue relative to the compensating rate. The substitute rate, found in KRS132.010(6), applies the compensating rate to the total current year assessments of all classes of taxable property. If the resulting revenue projection is less than the revenue produced in the previous year then the compensating rate is adjusted upward until the revenue produced is no longer less than the previous year. This revised compensating rate is called the substitute rate.

There are some procedures engendered by taking a rate above the compensating rate, including public hearings and, if the taxing district goes beyond the rate+4, the opportunity for a recall vote on the rate (See KRS 132.017132.018132.0255). Rates imposed by cities are restricted to the requirements set by KRS 132.027 and 132.029. Special districts also have specific limitations imposed by KRS 132.023 and 132.024.

Eligibility

Any city or special government entity is eligible to have a Tax Rate Calculation computed.

Who does the program benefit?

Tax Rate Calculations benefit the jurisidictions that request calculations for the NKADD. Tax Rate Calculations offer an unbiased computation of compensating rate that include the most accurate data available. In addition the jurisdiction recieves a packet detailing the sources of information, calculations, regulations, and calculated rates presented in a comprehensive packet of information for conisderation by the jurisdictions tax setting body.

Services Offered within the Program

Creation of tax rate calculation packet.

  • Collection of Public Service Company data from the Commonwealth
  • Assistance creating Public Hearing Notices
  • Support for understanding the tax rates and their meaning/impact
Contact Information

For more information about the NKADD's Tax Rate Calculation service contact This email address is being protected from spambots. You need JavaScript enabled to view it..

Downloadable Forms (pdfs)

In order to complete a Tax Rate Calculation the NKADD requires that supporting documentation and two forms be submitted: an (1) info sheet and a (2) data sheet. Generic versions of these two forms can be found below. These forms may be submitted by the jurisdiction when the information becomes available. Please e-mail the completed forms to This email address is being protected from spambots. You need JavaScript enabled to view it. or fax them to 859.283.8178.

Transportation

Program Description

The NKADD is an important part of Kentucky's transportation planning process. Statewide, the major groups that play a role in this process are the Area Development Districts (ADDs), Metropolitan Planning Organizations (MPOs), and the Kentucky Transportation Cabinet's (KYTC) Division of Planning and Highway District Offices.  Transportation supports the Kentucky Transportation Cabinet in the planning process, Coordinates the NKADD work elements, Coordinates the NKADD Transportation Committee, reviews and prioritizes the KYTC unscheduled projects list and prepare quarterly progress reports to administer the NKADD transportation program and submit to KYTC.

Eligibility

ADDs conduct transportation planning activities in the counties outside of the nine urbanized areas of the state. In the Northern Kentucky ADD, the non-urbanized area includes Carroll, Gallatin, Grant, Owen, and Pendleton counties. Transportation planning for the urbanized counties of Boone, Campbell, and Kenton Counties is conducted by the Ohio-Kentucky-Indiana Regional Council of Governments (OKI).

Who does the Program Benefit / What are the Benefits?

The NKADD transportation planning benefits all citizens within the NKADD area with an emphasis on the Rural Counties of Carroll, Gallatin, Grant, Owen and Pendleton.

Services Offered within the Program

NKADD's transportation planning responsibilities include Transportation Grant writing, collection and analysis of data, coordination of public input, identification of needs in the region and subsequent evaluation and prioritization of projects in the Unscheduled Highway Needs List (UNL) for possible inclusion in the State's Six-Year Highway Plan. See the project prioritization

Downloadable Content

Regional Transportation Asset Inventory
Public Involvement Plan
Title VI Notification
Title VI Complaint Procedure and Form

Contact Information

For more information, please contact the This email address is being protected from spambots. You need JavaScript enabled to view it. at 859.283.1885.

Hazard Mitigation Planning

Program Description

The NKADD is coordinating a reincarnation of the Regional Hazard Mitigation Plan in accordance with the Federal Disaster Mitigation Act of 2000. This planning process includes input from representatives of various government departments, public agencies, and private citizens who serve on Hazard Mitigation Planning Committees.

Who does the Program Benefit / What are the Benefits?

The Regional Hazard Mitigation Plan benefits all participating jurisdictions in the NKADD geographical area that formally adopt the plan, as well as the citizens and businesses within those jurisdictions.

Hazards are a regional phenomenon and taking a regional, collaborative approach helps coordinate mitigation actions throughout the area. While the inherent
point of Mitigation Planning is to mitigate losses from disaster occurrences, some more tangible benefits from the Regional Hazard Mitigation Plan are eligibility for Pre-Disaster Mitigation Funding through FEMA and points towards FEMA’s Community Rating System (CRS), which can lower home insurance rates for homeowners in floodplains.

Contact Information

For more information, please contact the This email address is being protected from spambots. You need JavaScript enabled to view it. at 859.283.1885.

Downloadable Content

Haz Mit Flyer

Plan Review 2016 / 2017

Approved 2017 NKY Regional Hazard Mitigation Plan
Survey - Appendix A

Risk Assessment - Boone
Risk Assessment - Campbell
Risk Assessment - Carroll
Risk Assessment - Gallatin
Risk Assessment - Grant
Risk Assessment - Kenton
Risk Assessment - Owen
Risk Assessment - Pendleton

CRS Resources

The National Flood Insurance Program’s (NFIP) Community Rating System (CRS) is a voluntary incentive program that recognizes and encourages community floodplain management activities that exceed the minimum NFIP requirements.

As a result, flood insurance premium rates are discounted to reflect the reduced flood risk resulting from the community actions meeting the three goals of the CRS:

  1. Reduce flood damage to insurable property
  2. Strengthen and support the insurance aspects of the NFIP
  3. Encourage a comprehensive approach to floodplain management.

CRS Flyer

 

Contact Information

Northern Kentucky Area Development District

22 Spiral Drive
Florence, KY 41042
P: 859.283.1885
F: 859.283.8178
TDD: 711
For general questions, please email info@nkadd.org

D:Google Maps

Career Opportunities

Welcome to the NKADD Career Board. You'll find benefit information as well as links to current open positions within the Northern Kentucky Area Development District.

Current Job Openings for the Northern Kentucky Area Development District.

topWorkPlaces2014 NKADD voted Top Workplaces of 2014!

countyLogo