Property taxes based on the value of property, assessed each calendar year for 1/2 payment in December and 1/2 the following May.
In Alabama the fiscal year runs from October 1 to September 30. Taxes for each fiscal year become due and payable in arrears on the property of the taxpayer as of October 1 of the next fiscal year.
commonly referred to as “property taxes,” a tax levied in proportion to the value of the property against which it is levied.
Property taxes based on assessed value of property.
Real estate taxes on the assessed value of property.
According to value. A method of taxation in which the assessed value of the property being taxed is used to determine the amount of tax.
Taxes based upon the value of property levied by the taxing authorities. The Property Appraiser does not levy taxes. The taxing authorities use the Property Appraiser's value to determine the distribution (who will pay what part) of the taxes.