Ad valorem means "according to value" in Latin.  An ad valorem tax is a tax based upon the assessed value of personal property or real property.  The tax is often a sales tax or value added tax or VAT that is usually imposed at the time of purchase.  Ad valorem taxes are usually imposed by States or local municipalities.

Property taxes are one form of ad valorem tax that can be imposed annually based on a revised assessed value of the property.  They are a major source of revenue for local municipalities and school systems.

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Ad Valorem Tax News
GN News

• State Asks Homeowners To Stop Deducting Some Taxes San Francisco Chronicle
State asks homeowners to stop deducting some taxesSan Francisco ChronicleBut he considers the tax board39s warning quota shot across the bowquot and does not want to quotrisk fines and licensure issues by inadvertently deducting nondeductible items.quot Federal and state laws generally limit the real estate deduction to ad valorem taxes
• Escambia Voters Pass Tax Break Referendum Pensacola News Journal
NorthEscambia.comEscambia voters pass tax break referendumPensacola News JournalThe ballot referendum, which asked voters whether to continue giving Economic Development Ad Valorem Tax Exemptions EDATEs to businesses, received 78.3 percent support. That39s 36413 votes in favor, and 10070 opposed to the EDATE ordinance39s 10 year Escambia Voters Approve Tax Break ReferendumNorthEscambia.comall 5 news articles raquo
• Rezoning, Delinquent Taxes On BISD Agenda Brownsville Herald
Rezoning, delinquent taxes on BISD agendaBrownsville HeraldTwo weeks ago, trustees hired the Edinburg firm of Linebarger, Heard, Goggan, Blair, Graham amp Sampson LLP to collect the district39s delinquent ad valorem taxes and directed the administration to negotiate a contract. Trustees will be asked to approve a and more raquo
• Fitch Rates Cambridge, MAaposs GO Bonds AposAAAapos Outlook Stable MarketWat...
Fitch Rates Cambridge, MA39s GO Bonds 39AAA39 Outlook StableMarketWatch press releaseThe bonds are general obligations of the city, payable from ad valorem taxes on all taxable property in the city, subject to statutory limitations. EXCEPTIONAL FINANCIAL MANAGEMENT: Management39s conservative budgeting practices and prudent use of and more raquo
• Fitch Affirms Banning USD, CA GOs At AposAapos Outlook Remains Negative Mark...
Fitch Affirms Banning USD, CA GOs at 39A39 Outlook Remains NegativeMarketWatch press releaseThe bonds are supported by an unlimited general obligation pledge of ad valorem tax on all property within the district. WEAK FINANCIAL POSITION: Substantial and ongoing revenue declines have weakened the district39s finances and outpaced its efforts to and more raquo