October

2024

This free monthly eNewsletter highlights the latest developments in the Palm Beach County Property Appraiser's Office. You may unsubscribe below, or give us your feedback by replying to this email. We hope you enjoy!

Dear Taxpayer:

Welcome fall!

 

The end of the 2024 tax year is fast approaching! This month, my office will certify the ad valorem tax roll to the Palm Beach County Tax Collector’s Office. The Tax Collector will mail the 2024 tax bills on November 1.

 

It is also petition season. Hearings are beginning for property owners who filed a petition because they disagree with their property assessment or denied exemption. They are led by the Palm Beach County Clerk of the Circuit Court & Comptroller’s Value Adjustment Board (VAB). On average, the number of petitions filed in Palm Beach County is low, typically less than 1% of the total parcels in the County.

 

As we move into the final months of the year, I’d like to remind all property owners to review their homestead exemption status to determine whether they might qualify for additional property tax saving benefits. There are several other exemptions such as those for seniors, the disabled, and members of the armed forces. You can research them all on our Do You Qualify page.

 

Also in this month’s newsletter, a note on sales verification, an important process that helps inform our valuations.

 

I hope you find this information useful and your autumn enjoyable.

 

Respectfully,
Dorothy Jacks, CFA, AAS
Palm Beach County Property Appraiser

Additional Exemptions


A property owner may be eligible for additional exemptions. In order to qualify for the following additional exemptions, you must have a homestead exemption on your property.

 

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.

 

In addition to the county-wide exemption, some municipalities offer additional tax savings.

 

Boynton Beach - $25,000

Delray Beach - $25,000

Greenacres - $5,000

Haverhill - $50,000

Juno Beach - $50,000

Jupiter - $50,000

Jupiter Inlet Colony - $50,000

Lake Park - $10,000

Lake Worth Beach - $25,000

Lantana - $25,000

Loxahatchee Groves - $50,000

North Palm Beach - $25,000

Palm Beach Gardens - $25,000

Palm Springs - $25,000

Royal Palm Beach - $5,000

South Palm Beach - $25,000

Tequesta - $25,000

Wellington - $50,000

West Palm Beach - $25,000

 

The city of Boynton Beach also offers a Super Senior exemption for those who meet the qualifications of the limited income senior citizen exemption and who have:

  • Maintained the ownership and have been a permanent residence of the property for at least 25 years.
  • A property with a market value of less than $250,000 at the time of application.


Widow/Widower Exemption

 

Florida grants a $5,000 exemption to widows and widowers. You will be asked to submit a copy of the deceased spouse’s death certificate. If the surviving spouse remarries, they are no longer eligible to receive the additional exemption.

 

Living Quarters of Parents or Grandparents Exemption

(also known at the Granny Flat Exemption)

 

Homesteaded property owners who add living quarters for a parent or grandparent can apply to have all or part of the value of this new construction deducted from the assessment.

 

Civilian Disability Exemptions

 

Full or partial exemptions are available for individuals with the following disabilities:

  • Quadriplegic
  • Paraplegic
  • Hemiplegic
  • Legally Blind
  • Total and Permanent Disability, Requires Wheelchair for Mobility
  • Total and Permanent Disability, Does Not Require Wheelchair for Mobility

 

Some of these exemptions have income limitations.

 

Visit our website for more information on these exemptions or to download and print forms. You can always call us at 561.355.2866 or email us at myexemption@pbcpao.gov.

Did You Know? We Call to Verify Sales Data

 

Our work entails setting the market value for each property, and so property sales data is an important tool to show where the market is in Palm Beach County. Before we use sales data, we first make sure that the details of each sale reflect the market. Only sales that meet the definition of market value are used in developing estimates of market value for similar properties.

 

To verify sales information, our appraisers regularly contact the market participants (sellers, buyers, brokers, attorneys, etc.) involved with real estate sales. We try to obtain details regarding property sales from someone directly involved with each transaction. We then use this data to determine which sales represent market value and will be used in the development of property appraisals.

 

Answering our questions about property sales gives our office reliable data from which we can then create appraisals that are fair, equitable, and reflect the market.

Offices Open on Columbus Day

 

The Palm Beach County Property Appraiser's Office (including all of our Service Centers) will be OPEN on Columbus Day, Monday, October 14, 2024.

Featured Video

Additional Exemptions

We Value What You Value

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