Page 12 - Talk of Tequesta - July '24

Page 12, The Talk Of Tequesta

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Palm Beach County Property Appraiser

Dear Taxpayer,
Recently, my office
announced the award of
six college scholarships to
outstanding high school
seniors in Palm Beach
County. Each was awarded
$1,500 and an opportunity
to participate in a paid
internship in my office.
• Lillian J. Cruz,
graduating from John I. Members of my office’s Scholarship Committee with this year’s awardees, left to right Victor Paniagua, Alex Hernandez
Leonard High School, attending Florida Atlantic University Gomez, Lillian Cruz, Yadira Silvestre, Tracey-Ann Wiggan, Giselle Silvestre
• Alex Hernandez Gomez, graduating from Pahokee
Middle-Senior High School, attending Palm Beach State Application Status For be mailed on July 1, 2024. The deadline to file a petition
College with the VAB for an exemption is 5 p.m. on July 31. The
• Victor Paniagua, graduating from Pahokee Middle- Exemptions, Portability, deadline to file a petition for the denial of a portability benefit
Senior High School, attending Palm Beach State College is 5 p.m. on Sept. 16. For questions about exemptions or
• Yadira Silvestre, graduating from Glades Central Agricultural Classifications portability, contact Exemption Services at (561) 355-2866
Community High School, attending University of South or MyExemption@pbcpao.gov.
Florida Have You Submitted An Application For An Exemption, Agricultural Classification
• Giselle Silvestre, graduating from Glades Central Portability Or Agricultural Classification? Notifications of the status of your application will be
Community High School, attending University of South My office is processing these applications and will begin mailed out on July 1. If your agricultural classification
Florida status notifications. If denied, you have the right to file a application is denied, the deadline to file a petition with the
• Tracey-Ann Wiggan, graduating from Pahokee Middle- petition for adjustment with the Value Adjustment Board VAB is 5 p.m. on July 31. For agricultural classification
Senior High School, attending Florida A&M University (VAB) through the Clerk of the Circuit Court & Comptroller. questions, contact the Agriculture Department at (561) 355-
Since 1994, the PAO has awarded $179,000 in college They can be reached at (561) 355-6289. 4577 or MyFarm@pbcpao.gov.
scholarships, completely funded by employee donations. Property Tax Exemptions And Portability
It’s really a joy to reward these incredible students If you submitted an application on or before March 1
who have demonstrated excellence in academic ability, and your application was denied, a Notice of Denial will Local Government on page 13
persistence, leadership, and service to others. Congratulations
to each of them and congratulations to the entire Class of
2024.
In this month’s newsletter, an update on the 2024 tax roll
process and the status of applications for exemptions and
classification.
Have a happy and safe Independence Day.
Respectfully,
Dorothy Jacks, CFA, FIAAO, AAS,
Palm Beach County Property Appraiser

2024 Tax Roll Update

July is an important month as my office submits the
2024 preliminary tax roll to Florida’s Department of 747-PALM
Revenue (DOR) and local taxing authorities.
Values are based on the status of market as of Jan. 1. 747-7256
According to my office’s estimates delivered at the end of
May, Palm Beach Countywide taxable property values have
increased 9.12 percent from 2023 to 2024.
The overall increase in taxable value slowed compared
to previous years. Market values for some building types
have begun to flatten, and this is reflected in the difference Are You Ready Hurricane?
between the county-wide taxable value, and the tax base for
the School Board.
Taxable values for the School Board increased 5.90 For The Next Storm?
percent, more than three percentage points lower than the
county, because the School Board more closely follows
market values. The School Board is not subject to certain No Air Conditioning?
exemptions and caps, so it saw higher increases in taxable No Refrigeration?
value in previous years. Now that some markets have slowed,
that rate of increase has also slowed.
In contrast, countywide taxable values are growing in part FREE 10% OFF
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• Net New Construction - $4,966,761,361
• Percent Increase (taxable value) - 9.12 percent 561.774.7714
• Real Property Parcels – 655,938
• Total Tangible Personal Property Accounts – 58,019 2271 Palm Beach Lakes Blvd.
The above values are only estimates and subject to change. West Palm Beach, FL 33409
Once the tax roll receives approval from Florida’s DOR,
my office will notify all property owners of both their home
value and proposed tax rate in the Notice of Proposed
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