If property tax rates are not changed, the amount of ad valorem taxes imposed on realty will remain the same.

Name: If property tax rates are not changed, the amount of ad valorem taxes imposed on realty will remain the same.
Brand: Quizplus
Rating: 4.9 (29 reviews)

Question

Quizplus · Accepted Answer

Ad valorem taxes are based on the assessed value of the property, which can change over time due to market conditions, improvements, or reassessments, affecting the amount of taxes even if the rate remains unchanged.

If Property Tax Rates Are Not Changed, the Amount of Ad