Even if property tax rates are not changed,the ad valorem taxes imposed on realty may not remain the same.

Question

Quizplus · Accepted Answer

Ad valorem taxes are based on the assessed value of the property, which can change depending on factors such as changes in the property's condition or improvements made to the property. Therefore, even if property tax rates remain the same, ad valorem taxes on the property may still change.

Even If Property Tax Rates Are Not Changed,the Ad Valorem