Hello May!
My staff is busy completing preparations for the 2025 estimated taxable property values, which will be released to all Palm Beach County taxing authorities later this month.
We provide an estimate to cities and other authorities who levy taxes because they need it to begin developing their budgets. They review the property values in their jurisdictions and decide on a proposed tax rate. The property values multiplied by the tax rate, or millage, determines your taxes.
The cities and other taxing authorities then share those proposed tax rates with my office, so that we can notify all property owners of both their home value and proposed tax rate. These are revealed in the TRIM Notice, your notice of proposed property taxes that is mailed to all property owners in mid-August.
While state law requires my office to value property based on the status of the market, your tax rate is set by taxing authorities who answer to you, the voter. If home values increase, tax bills do not necessarily have to increase as tax rates could be reduced. Every resident has the right to speak to the elected officials who levy taxes at the public meetings listed in your TRIM notice.
If you feel that the market value of your property is inaccurate, you also have the right to file a petition for adjustment with the Value Adjustment Board through the Clerk of the Circuit Court & Comptroller. For more information, visit pbcpao.gov or contact Residential Appraisal Services at 561.355.2883 or myhouse@pbcpao.gov.
In this month’s newsletter, we’re highlighting the changes implemented by the passage of Amendment 5 last year, as well as our stellar Public Services Support team. Public Services Support handles most public records requests for my office, from address labels to complex customized reports. My staff is helpful, knowledgeable, and ready to serve you.
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