What are the two primary types of property taxes?

The correct answer identifies the two primary types of property taxes as ad valorem taxes and special assessments.

Ad valorem taxes are based on the assessed value of the property, meaning that the tax is a percentage of the property's value as determined by the local assessor. This type of tax is commonly levied by local governments and is used to fund essential services such as education, public safety, and infrastructure.

Special assessments, on the other hand, are charges that may be levied to fund specific projects or improvements that will benefit particular properties, such as road upgrades or the installation of sidewalks. These assessments are typically imposed on properties that are deemed to benefit directly from the project being funded.

By understanding these two types of property taxes, one can appreciate how property taxation operates within local jurisdictions, supporting community services and specific enhancements that may directly affect property owners.