Page 23 - Abacoa Community News - October '24

Abacoa, Page 23
Palm Beach County Property Appraiser

Dear Taxpayer, exemption status to determine whether they might qualify South Palm Beach – $25,000
Welcome fall! for additional property tax saving benefits. There are several Tequesta – $25,000
The end of the 2024 tax other exemptions such as those for seniors, the disabled, Wellington – $50,000
year is fast approaching! This and members of the armed forces. You can research them West Palm Beach – $25,000
month, my office will certify all at pbcpao.gov. The city of Boynton Beach also offers a Super Senior
the ad valorem tax roll to Also in this month’s newsletter, a note on sales verification, exemption for those who meet the qualifications of the
the Palm Beach County Tax an important process that helps inform our valuations. limited income senior citizen exemption and who have:
Collector’s Office. The Tax I hope you find this information useful and your autumn • Maintained the ownership and have been a permanent
Collector will mail the 2024 enjoyable. residence of the property for at least 25 years.
tax bills on Nov. 1. Respectfully, • A property with a market value of less than $250,000
It is also petition season. Dorothy Jacks, CFA, FIAAO, AAS, at the time of application.
Hearings are beginning for Palm Beach County Property Appraiser W idow/W idower
property owners who filed a petition because they disagree Exemption
with their property assessment or denied exemption. They are Additional Exemptions Florida grants a $5,000
led by the Palm Beach County Clerk of the Circuit Court & exemption to widows and
Comptroller’s Value Adjustment Board (VAB). On average, Property owners may be eligible for additional exemptions. widowers. You will be
the number of petitions filed in Palm Beach County is low, In order to qualify for the following additional exemptions, asked to submit a copy of
typically less than 1 percent of the total parcels in the county. you must have a homestead exemption on your property. the deceased spouse’s death
As we move into the final months of the year, I’d like Limited Income Senior Exemption certificate. If the surviving
to remind all property owners to review their homestead A $25,000 exemption is available to those 65 or older with spouse remarries, they are
an adjusted gross income below $36,614, not including tax- no longer eligible to receive
exempt bond interest or non-taxable social security income. the additional exemption.
You will be asked to provide a copy of your Federal 1040 Living Quarters Of
Tax Form or your Social Security 1099 Form. The county’s Parents Or Grandparents
senior exemption does not apply to other taxing authorities, Exemption (Also Known
such as the school district and other municipalities. At The Granny Flat
In addition to the countywide exemption, some Exemption)
municipalities offer additional tax savings. Homesteaded property
Boynton Beach – $25,000 owners who add living
Delray Beach – $25,000 quarters for a parent or
Greenacres – $5,000 grandparent can apply to
Haverhill – $50,000 have all or part of the value
Juno Beach – $50,000 of this new construction
Jupiter – $50,000 deducted from the
Jupiter Inlet Colony – $50,000 assessment.
Lake Park – $10,000 Ci vi l i an Di sabi l i ty
Lake Worth Beach – $25,000 Exemptions
Lantana – $25,000 Full or partial exemptions are available for individuals
Members of the Palm Beach County Property Appraiser’s Loxahatchee Groves – $50,000 with the following disabilities:
Office at the International Association of Assessing Officers North Palm Beach – $25,000 • Quadriplegic
(IAAO) Annual Conference; Property Appraiser Dorothy Palm Beach Gardens – $25,000 • Paraplegic
Jacks, CFA, FIAAO, AAS is on the far right and IAAO Palm Springs – $25,000
President Rebecca Malmquist, CAE is in the center. Royal Palm Beach – $5,000 Palm Beach County Property Appraiser on page 24