KENTUCKY (KY) PROPERTY VALUATION
ADMINISTRATOR (PVA) EXAM PRACTICE
QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) PLUS RATIONALES
2026 Q&A | INSTANT DOWNLOAD PDF
1. What is the primary duty of a Property Valuation Administrator
(PVA)?
A. Collect property taxes
B. Assess property values for taxation
C. Set millage rates
D. Issue property titles
The PVA’s main responsibility is to determine the fair cash value of
property for tax purposes.
2. The Kentucky Constitution requires property to be assessed at
what value?
A. Market price
B. Fair cash value
C. Replacement cost
D. Depreciated value
Fair cash value represents the price a property would bring at a
fair voluntary sale.
3. Who sets the tax rate in Kentucky?
A. PVA
B. Local taxing districts
C. County clerk
, D. State revenue department
The PVA assesses property, but local taxing authorities set the
actual tax rate.
4. The Kentucky Department of Revenue supervises PVAs through
which division?
A. Division of Property Assessment
B. Office of Property Valuation
C. Office of Revenue Standards
D. Tax Equalization Bureau
This office ensures assessment uniformity across counties.
5. What document lists all real property in a county?
A. Assessment book
B. Assessment roll
C. Tax collection register
D. Deed index
The assessment roll contains descriptions and valuations for all
taxable property.
6. When must PVAs complete assessment rolls each year?
A. January 1
B. By July 1
C. December 31
D. March 15
Assessment rolls are finalized by mid-year for tax billing.
7. The PVA is elected for how many years?
A. 2
B. 4
C. 6
D. 8
PVAs are elected to 4-year terms in Kentucky.
, 8. When does a PVA’s term begin?
A. July 1
B. First Monday in December after election
C. January 1
D. Immediately after certification
This aligns with Kentucky’s constitutional schedule for county
officers.
9. The value placed on property for tax purposes is known as:
A. Fair market price
B. Assessed value
C. Appraised value
D. Equity value
The assessed value determines the property’s taxable base.
10. Which property is exempt from taxation in Kentucky?
A. Rental property
B. Commercial buildings
C. Government-owned property
D. Vacant lots
Publicly owned property used for governmental purposes is
exempt.
11. What date serves as the assessment date for all property in
Kentucky?
A. April 15
B. January 1
C. July 1
D. October 15
All assessments reflect property status as of January 1.
ADMINISTRATOR (PVA) EXAM PRACTICE
QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) PLUS RATIONALES
2026 Q&A | INSTANT DOWNLOAD PDF
1. What is the primary duty of a Property Valuation Administrator
(PVA)?
A. Collect property taxes
B. Assess property values for taxation
C. Set millage rates
D. Issue property titles
The PVA’s main responsibility is to determine the fair cash value of
property for tax purposes.
2. The Kentucky Constitution requires property to be assessed at
what value?
A. Market price
B. Fair cash value
C. Replacement cost
D. Depreciated value
Fair cash value represents the price a property would bring at a
fair voluntary sale.
3. Who sets the tax rate in Kentucky?
A. PVA
B. Local taxing districts
C. County clerk
, D. State revenue department
The PVA assesses property, but local taxing authorities set the
actual tax rate.
4. The Kentucky Department of Revenue supervises PVAs through
which division?
A. Division of Property Assessment
B. Office of Property Valuation
C. Office of Revenue Standards
D. Tax Equalization Bureau
This office ensures assessment uniformity across counties.
5. What document lists all real property in a county?
A. Assessment book
B. Assessment roll
C. Tax collection register
D. Deed index
The assessment roll contains descriptions and valuations for all
taxable property.
6. When must PVAs complete assessment rolls each year?
A. January 1
B. By July 1
C. December 31
D. March 15
Assessment rolls are finalized by mid-year for tax billing.
7. The PVA is elected for how many years?
A. 2
B. 4
C. 6
D. 8
PVAs are elected to 4-year terms in Kentucky.
, 8. When does a PVA’s term begin?
A. July 1
B. First Monday in December after election
C. January 1
D. Immediately after certification
This aligns with Kentucky’s constitutional schedule for county
officers.
9. The value placed on property for tax purposes is known as:
A. Fair market price
B. Assessed value
C. Appraised value
D. Equity value
The assessed value determines the property’s taxable base.
10. Which property is exempt from taxation in Kentucky?
A. Rental property
B. Commercial buildings
C. Government-owned property
D. Vacant lots
Publicly owned property used for governmental purposes is
exempt.
11. What date serves as the assessment date for all property in
Kentucky?
A. April 15
B. January 1
C. July 1
D. October 15
All assessments reflect property status as of January 1.
