Page 12 - Boca ViewPinte - March '24

Page 12, Viewpointe March 2024
Tax Talk

Dear Friends: returning $51,617,938 We look forward to taking part in these community events
Did you know that there of unexpended revenue and visiting with our clients. If you missed us at the Jubilee,
are more than 60 special back to the local taxing look for our booth at these upcoming community events:
observance days in March, authorities. • Palm Beach Pride, March 23 to 24 at Bryant Park in
such as National Black In this latest report, Downtown Lake Worth Beach
Forest Cake Day (March we’ve included data • Black Gold Jubilee, April 13 at Torrey Island
28) and Working Moms Day regarding our client Campground in Belle Glade.
(March 12)? satisfaction scores that
One of these observances we are extremely proud
that I am especially fond of of! Our goal is always
is Employee Appreciation to provide exceptional
Day on March 1. While my service to our clients and
leadership team and I certainly appreciate the hard work our our client satisfaction scores tell us that we are delivering
employees do each and every day, this special day gives me on that commitment!
and our leadership team the opportunity to thank our more I encourage you to review our results in this Report To Our
than 330 employees in a special way for their hard work, Citizens For Fiscal Year 2022/23 by visiting www.pbctax.
dedication, and for providing exceptional service to you, our com/annual-report where you can review the report online
clients. So, if you are fortunate enough to have an amazing or request a copy be mailed to you.
team of employees, like me, I encourage you to recognize
them on Employee Appreciation Day on March 1. Great Day At The Jubilee!
Don’t forget, if you have not yet paid your 2023 property
taxes, you have until March 31 to do so to avoid your taxes A picture-perfect day brought out the crowd for the
being delinquent. You can pay online by visiting https:// Town of Jupiter’s largest hometown celebration, the
pbctax.publicaccessnow.com/. Jupiter Jubilee. Tax collector’s office employees were
Anne M. Gannon, available to answer questions and distribute informational
Constitutional Tax Collector, materials. This event is always a great opportunity to visit
Serving Palm Beach County with our neighbors in the north Palm Beach County area.
Thank you to everyone who stopped by our booth for
New! Move Over Law information about the services we provide and to share
their positive interactions with our offices!
Did you know
that on Jan. 1
expansions were
added to Florida’s
Move Over Law?
You might be
wondering what the
Move Over Law
is. Well in Florida
drivers are required
to move over a
lane for stopped
law enforcement,
emergency, sanitation, utility service vehicles, tow trucks
or wreckers, maintenance, or construction vehicles with
displaying warning lights. Reverse Mortgages/Reverse Purchase Mortgages
However, there are times when that isn’t always possible, Retire Smarter
as a vehicle could be in the lane next to you and it is unsafe
to move over, or you could be on a two-lane road. In those A financial planning tool/safety net for so many older adults. Today many people are living
scenarios you should slow to a speed that is 20 mph less than longer and running low on money. What do you do? AARP states, 90% of older adults want
the posted speed limit, or slow down to 5 mph when the posted to remain in the comfort of their own home and enjoy a more comfortable retirement.
speed limit is 20 mph or less.
The expansion of the Move Over Law that took effect on Jan. By the time most people approach age 72-80, they are:
1, now includes any disabled vehicles on the side of the road, to
help protect motorists that are stopped on the side of the road. 1) Relying heavily on SS income (when a spouse passes away, one of those
In 2022, there were 170 crashes and more than 14,000 checks goes away.)
citations issued for motorists failing to move over in Florida. 2) Savings/investment accounts run low, if any (Principal cannot be
For more information on how you can protect yourself touched without paying a penalty.)
and others on the road, visit www.flhsmv.gov/safety-center/.
3) Life insurance is usually no longer available.
A Report To Our Citizens 4) Children may not be able to help.

5) Medical expenses can drain their assets.
I am pleased to announce that the 2022/23 Report To Our
Citizens, which highlights our agency’s results and continued
growth, is now available. Make Sure Your Spouse/Partner Is Financially Secure!!
In fiscal year 2022/23, more than $5 billion in property
tax revenues were collected and distributed to the individual A reverse purchase mortgage can help buyers
purchase the right home/condo without the
taxing authorities throughout the county, in support of burden of a monthly mortgage payment*.
critical local public resources. This resulted in our agency (Payments are optional.) Under most
circumstances, a borrower can expect to put
down about half the amount of the sale price

and the reverse mortgage will cover the rest.

Hold Onto Your Cash
As people age, many unexpected expenses
can arise, such as medical bills, prescription
drug, home repairs and the need for long
term care. A reverse mortgage allows you the
flexibility/option to make a mortgage
payment or skip a payment and improve
your monthly cash flow giving you a greater
sense of financial security.
Homeowner retains title to property. The property passes onto
heirs, estate, named person, etc. Not the bank.

Reversing PA Mortgage, LLC
Michael J. Friedman, Broker/Owner “Call Today
215-901-6521 / 561-631-1701 No Obligation”
info@reversingmtg.com
This material is not from HUD or
www.reversingmtg.com FHA and has not been approved by
Available Day, Evenings & Weekends HUD or a government agency.
NMLS# 1396947 NMLS# 131880
Disclaimer: At least one borrower must be age 60/62. Purchase- occupancy within 60 days of loan closing. *The borrower must meet all loan obligations
including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must
maintain the home, if the homeowner does not meet the loan obligations, then the loan will need to be repaid. Licensed in PA. #53672 and FL. #MBR2252.