Page 15 - Jupiter Spotlight - '24
P. 15

Jupiter Spotlight, Page 15
      Palm Beach County Property Appraiser




      Dear Taxpayer,                                    2024 Tax Roll Update
        Recently, my office
      announced the award of                              July is an important month as my office
      six college scholarships                          submits  the  2024  preliminary  tax  roll  to
      to outstanding high school                        Florida’s Department of Revenue (DOR) and
      seniors in Palm Beach                             local taxing authorities.
      County. Each was awarded                            Values are based on the status of market as of
      $1,500 and an opportunity                         Jan. 1.                                   Members of my office’s Scholarship Committee with this year’s awardees,
      to participate in a paid                            According to my office’s estimates delivered at the  left to right Victor Paniagua, Alex Hernandez Gomez, Lillian Cruz,
      internship in my office.                          end of May, Palm Beach Countywide taxable property  Yadira Silvestre, Tracey-Ann Wiggan, Giselle Silvestre
        • L i l l i a n J. C ru z ,                     values have increased 9.12 percent from 2023 to 2024.
      graduating  from  John  I.                          The overall increase in taxable value slowed compared  Application Status For
      Leonard High School, attending Florida  Atlantic   to previous years. Market values for some building types   Exemptions, Portability,
      University                                        have begun to flatten, and this is reflected in the difference
        • Alex Hernandez Gomez, graduating from Pahokee   between the county-wide taxable value, and the tax base for   Agricultural Classifications
      Middle-Senior High School, attending Palm Beach State   the School Board.
      College                                             Taxable values for the School Board increased 5.90 percent,   Have You Submitted An Application For An Exemption,
        • Victor Paniagua, graduating from Pahokee Middle-  more than three percentage points lower than the county, because   Portability Or Agricultural Classification?
      Senior High School, attending Palm Beach State College  the School Board more closely follows market values. The School     My  office  is  processing  these  applications  and  will
        • Yadira Silvestre, graduating from Glades Central   Board is not subject to certain exemptions and caps, so it saw   begin status notifications. If denied, you have the right to
      Community High School, attending                  higher increases in taxable value in previous years. Now that   file a petition for adjustment with the Value Adjustment
      University of South Florida                       some markets have slowed, that rate of increase has also slowed.  Board (VAB) through the Clerk of the Circuit Court &
        • Giselle Silvestre, graduating                   In contrast, countywide taxable values are growing in part   Comptroller. They can be reached at (561) 355-6289.
      from Glades Central Community                     due to the recapture of tax caps savings. Florida law requires   Property Tax Exemptions And Portability
      High School, attending University                 that the assessed value of a property continue to increase by the     If you submitted an application on or before March 1
      of South Florida                                  maximum cap amount each year until the assessed value equals   and your application was denied, a Notice of Denial will
        •  Tracey-Ann  Wi ggan,                         the market value. Even if the market value of a property does   be mailed on July 1, 2024. The deadline to file a petition
      graduating from Pahokee Middle-                   not increase, its assessed value may increase.     with the VAB for an exemption is 5 p.m. on July 31. The
      Senior High School, attending Florida A&M University    Other highlights of the estimates include:   deadline to file a petition for the denial of a portability
        Since 1994, the PAO has awarded $179,000 in college   • Market Value - $503,364,930,657            benefit is 5 p.m. on Sept. 16. For questions about
      scholarships, completely funded by employee donations.  • Taxable Value - $315,500,832,798           exemptions or portability, contact Exemption Services at
        It’s really a joy to reward these incredible students   • Net New Construction - $4,966,761,361    (561) 355-2866 or MyExemption@pbcpao.gov.
      who have demonstrated excellence in academic      • Percent Increase (taxable value) - 9.12 percent  Agricultural Classification
      ability, persistence, leadership, and service to others.   • Real Property Parcels – 655,938           Notifications of the status of your application will be
      Congratulations to each of them and congratulations to   • Total Tangible Personal Property Accounts – 58,019  mailed out on July 1. If your agricultural classification
      the entire Class of 2024.                           The above values are only estimates and subject to change.  application is denied, the deadline to file a petition with
        In this month’s newsletter, an update on the 2024 tax     Once the tax roll receives approval from Florida’s DOR, my   the VAB is 5 p.m. on July 31. For agricultural classification
      roll process and the status of applications for exemptions   office will notify all property owners of both their home value   questions, contact the Agriculture Department at (561)
      and classification.                               and proposed tax rate in the Notice of Proposed Property Taxes   355-4577 or MyFarm@pbcpao.gov.
        Have a happy and safe Independence Day.         mailed mid-August. While state law requires my office to value
                                            Respectfully,  property based on the status of the market, your tax rate is set
                          Dorothy Jacks, CFA, FIAAO, AAS,  by taxing authorities who answer to you. Their public meetings
                      Palm Beach County Property Appraiser  are listed in your notice.
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