Page 18 - Abacoa Community News - January '24
P. 18

Page 18, Abacoa
      Palm Beach County Property Appraiser’s Office




      Dear Taxpayer:                                     the annual net income per acre attributable to the land   ad valorem taxes. All businesses are required to file a
         Happy New Year!                                 from the agricultural operation.                  Tangible Personal Property Tax Return (Form DR 405)
         With  a  new  year                                 If you had the agricultural land classification on your   annually by April 1, unless the value of your tangible
      before us, my office has a                         property  in  2023,  the  application  will  automatically   personal property last year was under $25,000 and you
      renewed sense of purpose                           renew for 2024, so there is no need to file an application.   received notice from this office that your requirement to
      as  we  work  to  constantly                       If the property had a change of ownership in 2023, the   file has been waived.
      improve our services.                              new owner would have to reapply for the classification      Florida allows an exemption up to $25,000 in value
         Our  new  website  at                           in  2024. All  5,034  properties  with  the  agricultural   for tangible personal property assets used by a business.
      pbcpao.gov,  launched                              classification in 2023 will be reviewed and monitored   However,  you  must  file  an  initial  Tangible  Personal
      this  month,  offers  easier                       for changes of ownership.                         Property Tax Return to receive the exemption. Thereafter,
      reporting, better searching,                          To qualify for a new agricultural land classification,   you need not file an annual return unless the value of your
      and  clearer  navigation.                          the qualifying agricultural use must be on site as of Jan.   tangible personal property exceeds $25,000 on Jan. 1.
      Everything  that  we’ve  always  offered  is  still  there,   1. Applications  should  be  submitted  by  March  1. You      Save time, paper, and postage by filing online. If you
      but  now  with  an  improved  interface  and  access  to   will be notified of the status of your application for the   do need a paper form, you can download it using our
      information. It is more engaging and more useful. I look   agricultural classification by mail on or before July 1.  forms  link  on  our  website.  If  you  have  any  questions
      forward to receiving feedback from you and to continuing      For more information, call our office at (561) 355-  about reporting personal property, tangible e-filing, or
      to improve this site.                              4577 or email myfarm@pbcpao.gov.                  the $25,000 tangible exemption, please call our office at
         While on the topic of continual improvement, every                                                (561) 355-2896 or email us at patangible@pbcgov.org.
      department in my office has created a list of goals for   Business Tangible Personal
      the  new  year.  Our  focus  for  2024  includes  providing                                          Office Closed
      stronger  GIS  modeling,  widening  opportunities  for   Property
      staff  development,  proactively  managing  risks,  and                                                 All Palm Beach County Property Appraiser’s Offices
      incorporating  new  technology  tools.  My  staff  develop      Business  tangible  assets  such  as  furniture  and   will be closed on Monday, Jan. 1 and on Monday, Jan. 15 in
      these goals every year, driving our progress as an office.   equipment valued at more than $25,000 are subject to   honor of Dr. Martin Luther King Jr. Day.
      I am proud to have one of the finest professional staffs
      in the industry.
      Florida  Fair,  as  we  will  once  again  be  able  to  take  Professional Firefighters
         You may see some of my stellar staff at the South

      homestead exemption applications on site. More on that
      Land  Classification  and  Business  Tangible  Personal  And Paramedics Of Palm Beach
      is below, as are reminders about filing for an Agricultural
      Property Tax Return for 2024.
                                           Respectfully,  County IAFF Local 2928
         Wishing you a prosperous and wonderful year.

                         Dorothy Jacks, CFA, FIAAO, AAS,
                    Palm Beach County Property Appraiser   By Steen Erickson
                                We Value What You Value       I hope everyone had a safe and joyful holiday, and
                                                           were able to spend valuable time with your families.
      2024 South Florida Fair                                 Remember  that  your  local  firefighters  and
                                                           paramedics didn’t get the holidays off, but still had
         The  Palm  Beach                                  family traditions with their fire station family, which
      County  Property                                     is essentially their second family. Hopefully you didn’t
      Appraiser ’s  Office                                 need our services, but rest assured we were available
      will have a table at the                             as we are every day.
      South Florida Fair from                                 If you had a live-cut Christmas tree as part of your
      Jan. 12 to 28. We will                               tradition in the way you celebrate the holidays, you
      be located in Expo West                              should  take  it  down  and  dispose  of  it  properly  this
      and will be taking new homestead exemption applications   month.                                        In October, the Chamber of Commerce of the Palm
      and answering questions throughout the fair.            The trees seem to dry out over time regardless of   Beaches  awarded  Palm  Beach  County  Fire  Rescue
                                                           how much you try to keep them hydrated, and that can   Station 16, located on Military Trail in Abacoa, as Fire
      Reduce Tax With THE                                  add to the fire hazard already somewhat inherent in   Station of The Year for having the most cardiac arrest

      Homestead Exemption                                  having a real tree. A slight break in the wiring for the   saves of any of the 49 stations operated by Palm Beach
                                                           lights can be a fire risk.
                                                                                                           County Fire Rescue. Cardiac arrest is when a patient
                                                              As you take                                  is  clinically  dead,  and  a  save  means  the  patient’s
         If you are a permanent Florida resident, you may be   the  electric                               heartbeat is restored by the paramedics in the field,
      eligible for a homestead exemption, which can generally   ornaments  and                             and the patient is able to leave the hospital. That is a
      save you an estimated $750 to $1,000 in property taxes   lights  off  your                           very special accomplishment for any station, and the
      each year.                                           home and tree,                                  Jupiter residents should be proud to have that level of
         (Did  you  receive  your  pink  homestead  exemption   pl e ase   t a ke                          expertise and professionalism in Jupiter.
      receipt card in the mail? If so, no need to refile. Simply   time  to  check                            There  have  been  several  survivor-crew  reunions
      keep  the  card  as  your  receipt  that  you  have  been   the  condition                           held at Station 16 for the survivors and their families to
      automatically renewed for another year.)             of all electrical                               meet their rescuers under much better circumstances.
         A $25,000 exemption is applied to the first $50,000   components before packing them away if you plan on   These  reunions  are  an  emotional  experience  for  all
      of your property’s assessed value if your property is your   using them again next holiday season. Depending on   involved.
      permanent residence and you owned the property as of Jan.   where they are stored for the next 10 to 11 months,      Please stay safe and well.
      1. This exemption applies to all taxes, including school   heat and humidity can take a toll.
      district taxes. An additional exemption of up to $25,000 will
      be applied if your property’s assessed value is between at
      least $50,000 and $75,000. This exemption is not applied
      to school district taxes. In addition, a homestead exemption
      limits any increase to your assessed value to a maximum
      of 3 percent each year or the amount of the change in the
      Consumer Price Index, whichever is lower.
         Three ways to apply:
         • E-file – www.pbcgov.org/papa
         • Visit one of our five service centers to file in person.
         • Complete the application online, print it out, and
      mail it to our office.
         All  homestead  exemption  applications  must  be
      submitted by March 1. Once you qualify, we will renew
      your  homestead  exemption  annually  as  long  as  you
      continue to qualify for the exemption.
         Visit pbcpao.gov to e-file and for information on other
      available exemptions for seniors, families, veterans, and more.

      All About Agricultural Land
      Classification


         Properties  with  bona  fide  agricultural  (good  faith
      commercial) activity may qualify for the agricultural land
      classification. The taxable value of the land is based on
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