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CONTENTS 1997 AD VALOR EM PROPERTY TAX LEVY REPORT INFORMATION BASED ON ALL CLASSES OF PROPERTY (REAL AND PERSONAL) FOR REVENUE SHARING DATA BASE PREFACE I RECAP: ii STATE TOTALS: SUMMARY: Assessed,
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Ad valorem property tax is a tax based on the assessed value of real estate or personal property.
Property owners are required to file ad valorem property tax.
To fill out ad valorem property tax, property owners must provide information on the assessed value of their property.
The purpose of ad valorem property tax is to generate revenue for local governments to fund public services and infrastructure.
Property owners must report the assessed value of their property, as well as any exemptions or deductions they may qualify for.
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