Page 6 - Talk of Tequesta - October '24
P. 6

Page 6, The Talk Of Tequesta



                                                             loCal governmenT




                             Palm Beach County Property Appraiser




      Dear Taxpayer,                                     tax saving benefits. There are several other exemptions such as   deceased  spouse’s  death  certificate.  If  the  surviving
        Welcome fall!                                    those for seniors, the disabled, and members of the armed forces.   spouse remarries, they are no longer eligible to receive
        The end of the 2024 tax                          You can research them all at pbcpao.gov.          the additional exemption.
      year is fast approaching! This                       Also in this month’s newsletter, a note on sales verification,   Living Quarters Of Parents Or Grandparents
      month, my office will certify                      an important process that helps inform our valuations.  Exemption  (Also Known  At  The Granny Flat
      the ad valorem tax roll to                           I hope you find this information useful and your autumn   Exemption)
      the Palm Beach County Tax                          enjoyable.                                          Homesteaded property owners who add living quarters
      Collector’s Office. The Tax                                                             Respectfully,  for a parent or grandparent can apply to have all or part
      Collector will mail the 2024                                          Dorothy Jacks, CFA, FIAAO, AAS,  of the value of this new construction deducted from the
      tax bills on Nov. 1.                                              Palm Beach County Property Appraiser  assessment.
        It is also petition season.                                                                        Civilian Disability Exemptions
      Hearings are beginning for                              Additional Exemptions                          Full or partial exemptions are available for individuals
      property owners who filed a petition because they disagree                                           with the following disabilities:
      with their property assessment or denied exemption. They are     Property owners may be eligible for additional exemptions.     • Quadriplegic
      led by the Palm Beach County Clerk of the Circuit Court &   In order to qualify for the following additional exemptions,     • Paraplegic
      Comptroller’s Value Adjustment Board (VAB). On average, the   you must have a homestead exemption on your property.    • Hemiplegic
      number of petitions filed in Palm Beach County is low, typically   Limited Income Senior Exemption     • Legally blind
      less than 1 percent of the total parcels in the county.    A $25,000 exemption is available to those 65 or older with     • Total and permanent disability, requires wheelchair
        As we move into the final months of the year, I’d like to remind   an adjusted gross income below $36,614, not including tax-  for mobility
      all property owners to review their homestead exemption status   exempt bond interest or non-taxable social security income.     • Total and permanent disability, does not require
      to determine whether they might qualify for additional property   You will be asked to provide a copy of your Federal 1040   wheelchair for mobility
                                                         Tax Form or your Social Security 1099 Form. The county’s     Some of these exemptions have income limitations.
                                                         senior exemption does not apply to other taxing authorities,     Visit our website at pbcpao.gov for more information
                                                         such as the school district and other municipalities.  on these exemptions or to download and print forms.
                                                           In  addition  to  the  countywide  exemption,  some   You can always call us at (561) 355-2866 or email us at
                                                         municipalities offer additional tax savings.      myexemption@pbcpao.gov.
                                                         Boynton Beach – $25,000
                                                         Delray Beach – $25,000                             Did You Know? We Call To
                                                         Greenacres – $5,000
                                                         Haverhill – $50,000                                        Verify Sales Data
                                                         Juno Beach – $50,000
                                                         Jupiter – $50,000                                   Our work entails setting the market value for each
                                                         Jupiter  Inlet  Colony  –                         property, and so property sales data is an important tool
                                                         $50,000                                           to show where the market is in Palm Beach County.
                                                         Lake Park – $10,000                               Before we use sales data, we first make sure that the
                                                         Lake Worth Beach – $25,000                        details of each sale reflect the market. Only sales that
                                                         Lantana – $25,000                                 meet the definition of market value are used in developing
      Members of the Palm Beach County Property Appraiser’s   Loxahatchee  Groves  –                       estimates of market value for similar properties.
      Office at the International Association of Assessing Officers   $50,000                                To verify sales information, our appraisers regularly
      (IAAO) Annual Conference; Property Appraiser Dorothy   North Palm Beach – $25,000                    contact the market participants (sellers, buyers, brokers,
      Jacks, CFA, FIAAO, AAS is on the far right and IAAO   Palm Beach Gardens –                           attorneys, etc.) involved with real estate sales. We try
      President Rebecca Malmquist, CAE is in the center.  $25,000                                          to obtain details regarding property sales from someone
                                                         Palm Springs – $25,000                            directly involved with each transaction. We then use this
                                                         Royal Palm Beach – $5,000                         data to determine which sales represent market value and
       TequesTa sPoTlighT from page 1                    South Palm Beach – $25,000                        will be used in the development of property appraisals.
                                                         Tequesta – $25,000                                  Answering our questions about property sales gives
          For families with kids, the all-new STEM scavenger   Wellington – $50,000                        our office reliable data from which we can then create
        hunt will offer an engaging educational adventure   West Palm Beach – $25,000                      appraisals that are fair, equitable, and reflect the market.
        throughout the event. This hands-on hunt encourages     The city of Boynton
        children to discover how science, technology, engineering,   Beach also offers a Super             Offices Open On Columbus Day
        and math (STEM) intersect with aviation. It’s a great way   Senior exemption for those
        to spark curiosity in young minds and ensure the entire   who meet the qualifications                The Palm Beach County Property Appraiser’s Office
        family is entertained and inspired.              of the limited income                             (including all of our Service Centers) will be open on
          A highlight of Friday night’s twilight airshow is the   senior citizen exemption and who have:   Columbus Day, Monday, Oct. 14.
        spectacular drone show, a high-tech visual experience that     • Maintained the ownership and have been a permanent
        will light up the sky with dazzling formations. Combined   residence of the property for at least 25 years.
        with the fireworks display, this futuristic show promises to     • A property with a market value of less than $250,000
        be a mesmerizing blend of technology and art.    at the time of application.
          Of course, aviation enthusiasts won’t want to miss the   Widow/Widower Exemption
        final performance of the A-10 Thunderbolt II Demo     Florida grants a $5,000 exemption to widows and
        Team. Known for its powerful presence and incredible   widowers. You  will  be  asked  to  submit  a  copy  of  the   Local Government on page 8
        low-level maneuvers, the iconic “Warthog” will make its
        last appearance at the Stuart Air Show before the team’s                                  “Service is our number one priority”
        retirement. This historic moment will be one of the weekend’s
        most anticipated events.                                                                                561-743-0070
          Reflecting on the show’s growth, Chrissy Valvano,
        Director of Operations for the Stuart Air Show, shared her
        excitement: “As someone who’s grown up in this area for                                              www.palmspoolservices.com
        over 30 years, seeing the Stuart Air Show grow has been
        incredible. This year feels especially meaningful with the
        A-10 Final Demo Performance—it’s truly a historical
        moment. Being part of the community and witnessing such
        an iconic event makes me proud of how far the show has
        come. It’s like watching history unfold right here at home,
        and I couldn’t be more excited!”
          Tickets are selling fast, so don’t miss your chance to
        be part of this incredible event. Visit StuartAirShow.com
        to purchase tickets and find out more about the exciting
        performances and family-friendly activities.
          Join us for a weekend full of aerial thrills, hands-on
        fun, and delicious food, as we celebrate the future of flight
        and aviation’s storied past at the 2024 Stuart Air Show.                                                                    Expires 11/15/24.
          The Stuart Air Show is a 501(c)(3) nonprofit organization
        that supports local charities and celebrates aviation’s history.                                            State Licensed & Insured CPC #
        Proceeds from the event benefit community organizations.   Serving Palm Beach County                            1457468 • LPG#30099
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