Ad valorem tax means only the general property tax levied annually on real or personal property listed with the county assessor.
Ad valorem tax means a tax based upon the assessed value of property. The term “property tax” may be used interchangeably with the term “ad valorem tax.”
Examples of Ad valorem tax in a sentence
The City will pay the Program Grant Payment on an annual basis, no later than March 31st of the year following the calendar year to which such Ad Valorem Tax Paid relates, provided the Company has first provided the City sufficient evidence that the Ad Valorem Taxes have been paid.
By way of example and explanation, if the Green Tag is received on November 30, 2015, then the Program Grant Payment period would begin with the 2016 tax year, which 2016 Ad Valorem Tax would not be received by the City and paid to the Company until 2017.
More Definitions of Ad valorem tax
Ad valorem tax means a tax based upon the assessed value of property.” Section 192.001(1), F.S.
Ad valorem tax means a tax based upon the assessed value of property.
Ad valorem tax means a tax based upon the value of real property.
Ad valorem tax means an ad valorem tax levied by any governmental entity or political subdivision in this State on or after July 1, 2006.
Ad valorem tax means means property taxes levied for state, county, or
Ad valorem tax means property taxes levied for state, county, or municipal operating purposes but does not include property taxes imposed by school districts or property taxes imposed for general obligation debt.
Ad valorem tax means the proceeds of the City’s ad valorem tax (currently five (5) mill) levied on taxable property in the City for general governmental purposes, and shall be fixed and remain at five (5) mill and shall exclude any increases in such ad valorem tax that may occur prior to the receipt by the Company of the Final City Payment (as defined herein).