Page 16 - Abacoa Community News - March '24

Page 16, Abacoa

governMent

Palm Beach County Property Appraiser

Dear Taxpayer: Property Appraiser’s Office Since 1994, the Palm Beach County Property Appraiser’s
One of the most underrated Annual Scholarship Awards Office has awarded $170,000 in college scholarships. The
aspects of the homestead program is particularly special to the property appraiser’s
exemption is that it doesn’t just Program office because the scholarships are completely funded by
reduce the taxable assessment employee donations.
of your home, it also caps The 31st Annual Palm Beach County Property For more information, call (561) 355-3230 or visit https://
its annual valuation. The Appraiser’s Scholarship Program is now accepting pbcpao.gov/scholarship-awards.htm.
Save Our Homes cap limits applications. Six college
any increase to the assessed scholarships of $1,500 each will
value of a homestead exempt be awarded to graduating high
property to a maximum of school seniors who plan to attend
3 percent each year or the a higher education institution full
change in the consumer price index (CPI), whichever is lower. time, regardless of interest or
Over time, the cap can provide substantial tax bill savings. major. The deadline to apply is
For 2024, the maximum increase will be 3 percent, as the March 31.
change in CPI increased 3.4 percent from December 2022 to To be eligible for a scholarship
December 2023. This increase in CPI reflects continued but award, a student must be a
slowing inflation over the past year across dozens of consumer resident of Palm Beach County,
categories including shelter, food, transportation and energy. have a minimum of 3.0 GPA
While the change in the CPI follows many markets, Florida and plan to attend an accredited
law requires my office to value property based on the status of higher-education institution
the real estate market. My office will determine a total market (college or community college).
value for every home as of Jan. 1, taking into consideration the In addition to receiving a
price fluctuations reflected in the sales of residential properties. scholarship, each recipient will
But if your property is homesteaded, the taxable assessed value be offered an opportunity for a Palm Beach County Property Appraiser Dorothy Jacks (second from left) with the PAO’s
will not increase more than 3 percent. paid summer internship in the Scholarship Committee (back row) and four of the 2023 scholarship awardees (from left
If you already have a homestead exemption on your property appraiser’s office. to right): E’Rinze Murphy, Inari Larios, Jayden James and Kia Ghods
property, you do NOT need to reapply. There are several
additional property tax exemptions, including those for
widows/widowers, veterans and those with disabilities. For DR. RYAN CHIZNER
more information, visit pbcpao.gov or call Exemption Services
at (561) 355-2866. HAS JOINED PALM
In this month’s newsletter, a reminder to all business owners
in Palm Beach County about filing for a Tangible Personal BEACH CARDIOLOGY
Property Tax Return for 2024 and my office’s annual college
scholarship application process is now open. Enjoy reading CENTER
and enjoy your spring.
Respectfully, P.B.C.C. is pleased to welcome Dr. Ryan Chizner. Dr. Chizner
Dorothy Jacks, CFA, FIAAO, AAS, completed fellowships in cardiology and interventional
Palm Beach County Property Appraiser cardiology for which he is board certified.
In addition he holds board certification in Internal Medicine,
Business Tangible Personal Echocardiography, Nuclear Cardiology and Vascular
Interpretation.
Property He has a Bachelor’s of Science degree from the Honors
Program at the University of Florida. He went on to complete
Tangible personal property is equipment used in a business dual degrees with a Doctorate of Osteopathic Medicine and
and includes furniture, fixtures, machinery, tools, appliances, Master of Public Health from Nova Southeastern University.
signs, leasehold improvements, supplies, leased equipment Previously, Dr. Chizner practiced Interventional Cardiology in
and other assets. It is taxed at the same rate as real property. Central Florida and Georgia.
Florida allows an exemption up to $25,000 in value for He is the Co-Author of a Bestselling textbook on Cardiac Drugs
tangible personal property assets used by a business. You must for healthcare providers, which is now in its second edition.
file an initial Tangible Personal Property Tax Return (DR-405) He is thrilled to move closer to family in South Florida.
to receive the exemption, unless you have received notification
from our office that you are exempt from filing. Thereafter, you
need not file an annual return unless the value of your tangible
personal property exceeds $25,000 on Jan. 1.
The filing deadline is April 1, 2024. Failure to file will result 561-775-1061
in the loss of the exemption and the assessment of penalties
per Florida Statutes, Sections 193.072 and 193.073.
Save time, paper, and postage by e-filing. If you need a
Htwe Sein, M.D.
paper form, you can download the DR-405 on our website. Edward Mostel, M.D. Cyrus Kavasmaneck, M.D.
Steven Kessel, M.D.
If you have any questions about reporting personal property,
tangible e-filing, or the $25,000 tangible exemption, please call 3365 Burns Rd., Suite 101, Palm Beach Gardens, FL 33410
our office at (561) 355-2896 or email mytpp@pbcpao.gov.

THERE’S A NEW DERMATOLOGIST IN THE NEIGHBORHOOD.

Yuval Bibi, M.D., is board certified by the American Board of
Dermatology Associates of the Palm Beaches is a group
Dermatology, and is now providing care at our Palm Beach practice of board-certified dermatologists and fellowship-
trained Mohs surgeons providing general dermatology,
Gardens and Delray Beach offices. Dr Bibi’s clinical practice surgical dermatology, and cosmetic dermatology services.
Our physicians are also recognized leaders in the diagnosis
interests include general dermatology, surgical dermatology, and treatment of skin cancer.
as well as a special focus on genital dermatology, mucosal

dermatosis, and scalp and nail disease. Dr Bibi sees both
adults and children. He is a native of Jerusalem, Israel,
where he earned his medical degree, as well as a PhD at Ben Make an appointment to see Dr. Bibi

Gurion University. He completed his residency training at one of these offices:
at the combined Boston University-Tufts University Palm Beach Gardens Delray Beach
10335 N. Military Trail 2605 W. Atlantic Ave.
Dermatology program. He looks forward to providing Suite A Suite D 204
Palm Beach Gardens, FL 33410 Delray Beach, FL 33445
you with excellent dermatology care. (561) 622-6976 (561) 819-5822