However, the administration said the reduction of the ad valorem tax was a temporary measure aimed at cushioning the impact of rising world market oil prices on local consumers.
The fiscal 2013 budget includes an increased ad valorem tax rate to increase funding for maintenance and operations; increased water service rates are also included in the budget.
Customs or tariffs are based on the property (usually imported goods) as a "state of being" or ad valorem taxes and are also typically not called excise taxes.