Government / Educational Exemptions

Government-Owned Property

Property that is both publically owned and used for a public purpose is exempt from property taxation under the Constitution. The property must meet both requirements before an exemption can be granted.

Examples:

Municipal buildings
Water treatment plants
Courthouses

Educational Institutions

To qualify for a property tax exemption under this classification an institution must:

Be non-profit
Have its funds used exclusively for education
Be located within Kentucky

The Court of Appeals has defined an institution of education as a place where systematic instruction in any and all useful branches of learning is given by methods common in schools and institutions of learning.

The education exemption extends to any income-producing property that may be owned by the institution provided the income is used to further its educational programs.

Please contact te PVA office for further details.