Page 14 - The Islander - December '24

Page 14, The Islander

LocaL government

Palm Beach County Property Appraiser

Dear Taxpayer, As I prepare to be sworn in for my third term as your a permanent resident of Florida. To qualify, you and/or your
As we come to the close of property appraiser, I want to thank you for allowing me to spouse must not be receiving a residency-based exemption on
2024, I have been reflecting serve in this office. I wish you and your families a safe and any other property in Florida or in another state.
on both the past year and happy holiday season. For more about homestead exemption, visit our website,
what we can accomplish in Respectfully, call (561) 355-2866, or email MyExemption@pbcpao.gov.
the future. Dorothy Jacks, CFA, FIAAO, AAS,
Property values in Palm Palm Beach County Property Appraiser Holiday Office Closures
Beach County continued
their upward trend this year, Homestead Exemption Receipt The Palm Beach County Property Appraiser’s Office,
but the overall increase in including our five Service Centers, will be closed:
values has slowed compared Cards Mailed Late December Monday, December 23
to previous years. Taxable Tuesday, December 24
property values rose 9.6 percent from 2023 to 2024, down On the last business day Wednesday, December 25
from the 14 percent increase we saw last year. Market values in the month of December, Wednesday, January 1, 2025
for real property grew 5.6 percent this year, down from the the property appraiser’s
20.6 percent increase from 2022 to 2023. office mails a pink and white
For the first time in our county’s history, new construction homestead exemption receipt
topped $5 billion this year. Overall, the market value of all card to every property owner
Palm Beach County property is more than $514 billion. in Palm Beach County with
Westlake continues to lead in municipal value growth, with a homestead exemption. If
the largest percentage of taxable value increase from 2023 there are no changes to the use
to 2024. The Village of Golf, Jupiter Inlet Colony and Cloud and/or ownership of the property, simply keep the card as
Lake are second, third, and fourth, respectively. your receipt that you have been automatically renewed for
My staff are gathering information for 2025 as we another year. However, if there is a change to ownership
prepare to value property based on the status of the market due to a sale, marriage, divorce, death, or change in
as of January 1. I want to thank my staff for their continued property use, call our office at (561) 355-2866 or email us
diligence and commitment to accuracy and excellence. at MyExemption@pbcpao.gov.
“We Value What You Value” is not a simple catchphrase A homestead exemption reduces the assessed value of your
– it is a commitment to service honored by every single property, thereby reducing the amount of property tax you pay
one of the 220 qualified public servants in my office. We by an average of $500. Homestead exemption also qualifies you
determine the taxable value of more than 655,000 parcels for the 3 percent Save our Homes (SOH) cap.
and nearly 59,000 tangible personal property accounts in If you’ve not yet filed for a homestead exemption, it’s easy
the county. to e-file online, by mail, or in person at one of our five service
As we look forward to 2025, our mission remains consistent: centers. When you apply, you can also file for portability of SOH
to value property, administer exemptions, and maintain savings. The deadline to file a homestead exemption application
ownership records fairly, equitably, and in accordance with is March 1 of the year after you buy your home, and you may file
Florida law for all of Palm Beach County. any time after you take ownership of the property and become

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