92.330 Purpose of tax to be specified -- Funds not to be diverted. - Kentucky Statutes

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92.330 Purpose of tax to be specified -- Funds not to be diverted. All taxes and license fees levied or imposed by cities of the second to sixth class shall be
levied or imposed by ordinance. The purpose for which each tax is levied or license fee
imposed shall be specified in the ordinance, and the revenue therefrom shall be expended
for no other purpose than that for which the tax was levied or the license fee imposed.
Failure to specify the purpose of the tax or license fee shall render the ordinance invalid. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 3175, 3290-12, 4281u-2.