Page 18 - Boca Exposure - October '24
P. 18

Page 18, Boca Exposure
      Palm Beach County Property Appraiser




      Dear Taxpayer,                                       In addition to the                              Civilian Disability Exemptions
         Welcome fall!                                  countywide exemption, some                            Full or partial exemptions are available for individuals
         The end of the 2024 tax                        municipalities offer additional                    with the following disabilities:
      year is fast approaching! This                    tax savings.                                          • Quadriplegic
      month, my office will certify                     Boynton Beach – $25,000                               • Paraplegic
      the ad valorem tax roll to                        Delray Beach – $25,000                                • Hemiplegic
      the Palm Beach County Tax                         Greenacres – $5,000                                   • Legally blind
      Collector’s Office. The Tax                       Haverhill – $50,000                                   • Total and permanent disability, requires wheelchair for
      Collector will mail the 2024                      Juno Beach – $50,000                               mobility
      tax bills on Nov. 1.                              Jupiter – $50,000                                     • Total and permanent disability, does not require
         It is also petition season.                    Jupiter Inlet Colony – $50,000                     wheelchair for mobility
      Hearings are beginning for                        Lake Park – $10,000                                   Some of these exemptions have income limitations.
      property owners who filed a petition because they disagree   Lake Worth Beach – $25,000                 Visit our website at pbcpao.gov for more information
      with their property assessment or denied exemption. They are   Lantana – $25,000                     on these exemptions or to download and print forms.
      led by the Palm Beach County Clerk of the Circuit Court &   Loxahatchee Groves –                     You can always call us at (561) 355-2866 or email us at
      Comptroller’s Value Adjustment Board (VAB). On average,   $50,000                                    myexemption@pbcpao.gov.
      the number of petitions filed in Palm Beach County is low,   North Palm Beach – $25,000
      typically less than 1 percent of the total parcels in the county.  Palm Beach Gardens –              Did You Know? We Call To
         As we move into the final months of the year, I’d like   $25,000
      to remind all property owners to review their homestead   Palm Springs – $25,000                     Verify Sales Data
      exemption status to determine whether they might qualify   Royal Palm Beach – $5,000
      for additional property tax saving benefits. There are several   South Palm Beach – $25,000             Our work entails setting the market value for each
      other exemptions such as those for seniors, the disabled,   Tequesta – $25,000                       property, and so property sales data is an important tool to
      and members of the armed forces. You can research them   Wellington – $50,000                        show where the market is in Palm Beach County. Before
      all at pbcpao.gov.                                West Palm Beach – $25,000                          we use sales data, we first make sure that the details of each
         Also in this month’s newsletter, a note on sales verification,      The city of Boynton Beach     sale reflect the market. Only sales that meet the definition
      an important process that helps inform our valuations.  also offers a Super Senior exemption for those who meet the   of market value are used in developing estimates of market
         I hope you find this information useful and your autumn   qualifications of the limited income senior citizen exemption   value for similar properties.
      enjoyable.                                        and who have:                                         To verify sales information, our appraisers regularly
                                            Respectfully,     • Maintained the ownership and have been a permanent   contact the market participants (sellers, buyers, brokers,
                          Dorothy Jacks, CFA, FIAAO, AAS,  residence of the property for at least 25 years.  attorneys, etc.) involved with real estate sales. We try to
                      Palm Beach County Property Appraiser     • A property with a market value of less than $250,000 at the   obtain details regarding property sales from someone directly
                                                        time of application.                               involved with each transaction. We then use this data to
                                                        Widow/Widower Exemption                            determine which sales represent market value and will be
                                                           Florida grants a $5,000 exemption to widows and widowers.   used in the development of property appraisals.
                                                        You will be asked to submit a copy of the deceased spouse’s      Answering our questions about property sales gives our
                                                        death certificate. If the surviving spouse remarries, they are no   office reliable data from which we can then create appraisals
                                                        longer eligible to receive the additional exemption.  that are fair, equitable, and reflect the market.
                                                        Living Quarters Of Parents Or Grandparents Exemption
                                                        (Also Known At The Granny Flat Exemption)          Offices Open On Columbus Day
                                                           Homesteaded property owners who add living quarters for a      The Palm Beach County Property Appraiser’s Office
                                                        parent or grandparent can apply to have all or part of the value   (including all of our Service Centers) will be  open on
                                                        of this new construction deducted from the assessment.  Columbus Day, Monday, Oct. 14.




      Members of the Palm Beach County Property Appraiser’s
      Office at the International Association of Assessing Officers
      (IAAO) Annual Conference; Property Appraiser Dorothy
      Jacks, CFA, FIAAO, AAS is on the far right and IAAO
      President Rebecca Malmquist, CAE is in the center.
      Additional Exemptions                                                                                               Scan for a FREE

                                                                                                                       In Home Consultat on
         Property owners may be eligible for additional
      exemptions. In order to qualify for the following additional                                                    VISIT OUR SHOWROOM
      exemptions, you must have a homestead exemption on
      your property.                                                                                                        IN BOCA
      Limited Income Senior Exemption
         A $25,000 exemption is available to those 65 or
      older with an adjusted gross income below $36,614, not
      including tax-exempt bond interest or non-taxable social
      security income. You will be asked to provide a copy of
      your Federal 1040 Tax Form or your Social Security 1099
      Form. The county’s senior exemption does not apply to
      other taxing authorities, such as the school district and
      other municipalities.







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