Kentucky Revised Statutes
Ky. Rev. Stat. § 160.065 (2026)
Liability for indebtedness in case of annexation
✓ current as of May 2026
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When any property assessable for school purposes in one school district is annexed by or transferred to another school district, the recipient district shall assume a part of the indebtedness, if any, of the other school district incurred for school buildings and grounds in the proportion the assessed valuation of property taxable for school purposes transferred bears to the total assessed valuation of property taxable for school purposes in the district losing the territory. Effective: July 13, 1990 History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 421, effective July 13, 1990. -- Created 1942 Ky. Acts ch. 197, sec. 1.
Notes of Decisions
Cited in 2
cases, 1949–1975 · leading case: Bd. of Educ. of Kenton Cnty. v. Mescher, 220 S.W.2d 1016 (Ky. Ct. App. 1949).
Bd. of Educ. of Kenton Cnty. v. Mescher, 220 S.W.2d 1016 (Ky. Ct. App. 1949). “It is conceded by appellees that if the Board has any funded debt, the appellees share will go with them when their property is transferred by operation of KRS 160.065. Nothing more needs to be said about that.”
Hickman Cnty. Fiscal Court v. Workman, 528 S.W.2d 730 (Ky. Ct. App. 1975). “040 through KRS 160.065, KRS 160.010, and KRS 160.290 vest in the school board and the state department of education the authority to consolidate schools as may be necessary and practical.”
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