Tax proceeds, apportionment to districts

The school taxes and penalties collected under KRS 160.593 to 160.597, 160.601 to 160.617, 160.635 to 160.648 shall be distributed to the treasurer of the board of education of the school district. In the event that more than one (1) local board of education within the county is participating in one (1) of these tax levies, the funds collected shall be distributed in proportion to the tax rate levied and the number of pupils in average daily attendance in the participating districts as shown by the final certification by the chief state school officer for the previous school year pursuant to the provisions of KRS 157.310 to 157.440.