Page 20 - Abacoa Community News - April '24

Page 20, Abacoa
Palm Beach County Property Appraiser

Dear Taxpayer: 2023 Customer Service By The Numbers than 30 days, you will lose your homestead exemption
Happy Spring! • Phone calls: 89,053, down 11 percent from 2022 for that tax year.
My office continues to • Counter visits: 28,256, nearly flat from 2022 • Rental on any day except Jan. 1. If your home is
work on the 2024 tax roll • E-files: 15,835, down 14 percent from 2022 rented on Jan. 1, you will lose the homestead exemption
and make preparations for • Total new homestead exemptions: 24,649, down 21 for that year.
the release of the estimated percent from 2022 Rental for more than six months constitutes
2024 taxable property • Portability applications: 6,865, nearly flat from 2022 abandonment of a homestead exemption. Property owners
values to the Palm Beach are required to notify the property appraiser’s office when
County taxing authorities Short-Term Rental Of A their property no longer qualifies for exemption. Failure to
at the end of May. do so could result in a homestead tax lien with substantial
T he se pre l i m i na ry Homesteaded Property penalty and interest.
estimates assist the county, This statute does not apply to a member of the Armed
municipalities and other taxing authorities in projecting A provision in state law allows you to rent your Forces of the United States.
their budgets and tax rates and also provide a benchmark home for a short time without affecting your homestead Be aware of the law before deciding to rent your
as to what revenue they can expect to receive from exemption. property. For more information, visit pbcpao.gov.org or
property taxes in the coming year. Florida law allows the following: contact Exemption Services at (561) 355-2866.
After the taxing authorities have determined their • Rental for 30 days or less per calendar year. Source: Florida Statute 196.061, Florida Statute
budgets and proposed tax rates based on the preliminary • Rental for more than 30 days and less than six months 196.011 (9) (a)
estimates, my office will mail the notice of proposed taxes in one year. If you rent again the following year for more
to every property owner in August. The notice will detail
the assessed value of your property, your proposed tax
rates and an estimate of your tax bill. Stay tuned.
Also, as snowbird season comes to a close, we’ve
included important information on short-term rentals of
a homesteaded property for those property owners who
benefit from the homestead exemption and are considering
renting all or a portion of their homesteaded property.
I hope you find this information beneficial and
interesting.
Respectfully,
Dorothy Jacks, CFA, FIAAO, AAS,
Palm Beach County Property Appraiser

Palm Beach County Property

Appraiser’s Office Service

Centers

While a vast array of services and information are
available online 24/7 at pbcpao.gov, my office maintains
five service centers conveniently located throughout Palm
Beach County and staffed by qualified professionals. They
administer the homestead exemption, additional property
tax exemptions, mailing address and ownership changes,
portability applications and more.