KRS 136.170 — Apportionment of property valuation

The Department of Revenue shall allocate the assessed value of the operating property in
this state among the counties, cities, and other taxing districts. The location of operating
property and the proportion which the length of line or route operated in such taxing
district bears to the total length of lines or route operated in this state shall be considered
in this allocation and such other reasonable evidence of value as the Department of
Revenue may by regulations prescribe; provided, however, that th e assessed value of
nonoperating tangible property shall be allocated to the county, city, or other taxing
district where the property is situated.