Page 8 - Southern Exposure - June '24

Page 8, Southern Exposure BW

local govErnmEnt from page 7
Palm Beach County Property Appraiser

Dear Taxpayer: Hurricane Season Begins significant portion of your cap savings, up to $500,000, from
The summer months are a a home with a homestead exemption to a new home within
busy time for my office. June kicks off hurricane the state of Florida that qualifies for a homestead exemption.
Before June 1, my office season, which runs Our Exemption Services Department administers all
submits the estimated taxable through Nov. 30. There are exemptions and portability applications and is available
property values for 2024 to provisions in Florida law to answer your questions. Contact them at myexemption@
cities and other authorities that pertain to your property pbcpao.gov or (561) 355-2866.
who levy taxes because tax assessment if your home
they need them to begin has suffered catastrophic Office Closed In
developing their budgets. damage by a hurricane.
The taxing authorities review If your home suffers Honor Of Juneteenth
the property values in their hurricane damage, our office
jurisdictions and decide on a proposed tax rate. will work with you through The Palm Beach County Property Appraiser’s Office
On July 1, my office submits a preliminary tax roll to the assessment process. We (including all of our service centers) will be closed in honor
Florida’s Department of Revenue (DOR), the agency that review insurance claims, of Juneteenth on Wednesday, June 19. Juneteenth National
oversees the operations of all property appraisers in the state. photographs, repair estimates and invoices, and any Independence Day commemorates the emancipation of
The DOR performs a rigorous review and evaluates the tax other documentation that would detail damage. For more enslaved African Americans in the United States.
roll for accuracy. information, visit our website or contact (561) 355-3230 or
On Aug. 22, my office will mail the Truth in Millage, or PAHurricaneDamage@pbcgov.org.
TRIM Notice, to all property owners. This notice of proposed As you plan for the season ahead, Palm Beach County
taxes details the assessed and taxable values of your property, Emergency Management offers essential tips on hurricane
as well as the tax rates submitted by taxing authorities. preparedness in their Hurricane Planning Guide.
As always, I welcome your comments and questions regarding
your property value and exemption amounts. Florida law requires E-Filing For Homestead
my office to value property based on the status of the market as of
Jan. 1. We use state-of-the-art technology to continuously process Exemption And Portability
property data from local and industry sources and from field
inspections performed by our highly trained appraisal experts. With our homestead exemption e-file, you can e-file
Now is a good time to check the mailing address associated the same day you close on a new home, even without the
with your property at pbcpao.gov. Simply search your property deed. You can even e-file for portability if moving within
and confirm that your mailing address is correct. If it needs an the state of Florida.
update, just visit our E Address Change Form. A homestead exemption can reduce the assessed value
In this month’s newsletter there is a reminder that hurricane of your property, thereby reducing the amount of property
season is upon us and a memo to those residents who have not tax you pay. In addition, a homestead exemption limits any
yet applied for a homestead exemption on their permanent increase to your assessed value to a maximum of 3 percent
residence in Palm Beach County. each year or the amount of the change in the Consumer
Enjoy reading and stay safe. Price Index, whichever is lower. Portability transfers all or a
Respectfully,
Dorothy Jacks, CFA, FIAAO, AAS,
Palm Beach County Property Appraiser It’s the Law!

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