Page 6 - Abacoa Community News - July '22
P. 6

Page 6, Abacoa
      Palm Beach County Property Appraiser’s Office




      Dear Taxpayer:                                        Tasnia Tabassum, graduating from Pahokee Middle-  their previous homesite to ensure that there is no homestead
         Happy Independence                              Senior High School                                fraud. That information also offers an interesting look into
      Day!                                                  Moshammet Jarin, graduating from Glades Central   what states our new neighbors used to call home.
         Recently, my office held                        Community High School
      an award ceremony and                                 Diksha Gupta, graduating from Suncoast High School
      presented six outstanding                             Jelianys Ramos-Burgos, graduating from Royal Palm
      high school seniors in Palm                        Beach Community High School
      Beach County with $1,500                              In addition to receiving a scholarship award, each was
      college scholarships.                              offered an opportunity to participate in a paid summer
         Kazi Amin, graduating                           internship in my office. We will welcome two of the
      from Atlantic  Community                           recipients to our office this summer.
      High School                                           I commend these high-achieving, exceptional students for
         Ben-Gina Fantaisie,  graduating  from  Atlantic   their excellence in academic ability, persistence, leadership,
      Community High School                              and service to others. Congratulations to each of them and
                                                                       congratulations to the entire Class of 2022.
                                                                         The scholarship program is very special
                                                                       to my office. Since 1994, the Property
                                                                       Appraiser’s Office (PAO) has awarded
                                                                       more than $160,000 in college scholarships,
                                                                       completely funded by employee donations.
                                                                         In this month’s newsletter, an update on
                                                                       the 2022 tax roll process, some interesting
                                                                       stats regarding our new residents, and
                                                                       the status of applications for property tax
                                                                       exemptions, portability and agricultural
                                                                       classifications. I hope you find this
                                                                       information beneficial and wish you a
                                                                       happy and safe Independence Day.
                                                                                              Respectfully,
      Dorothy Jacks, left, with scholarship recipients. Left to right in front row: Tasnia   Dorothy Jacks, CFA, AAS,
      Tabassum, Jelianys Ramos-Burgos, Kazi Amin, Diksha Gupta, Ben-Gina Fantaisie   Palm Beach County Property Appraiser
      (Moshammet Jarin, not pictured) and the PAO Scholarship Committee            We Value What You Value

                                                         2022 Tax Roll Update                                 Over the course of 2020, we had 31,351 new residents
        Tax Talk from page 5                                                                               file for homestead exemptions that came from outside
                                                            July is an important month as my office submits the 2022   of Palm Beach County. Over 2021, we gained 31,431.
        PBC Business Owners, We                          preliminary tax roll to Florida’s Department of Revenue (DOR)   The vast majority – 75 percent last year – of these new

        Have Information For You                         and the local taxing authorities. Values are based on the status   homesteaders are from other parts of Florida.
                                                         of market as of Jan. 1. Driven by a large influx of new Florida
                                                         residents and limited supply, residential values rose last year. In   Application Status For
           Calling all Palm Beach County business owners, in   the commercial sector, hotels, multifamily apartment complexes
        July you will be receiving your local business tax receipt   and warehousing all saw value increases, buoyed by the post-  Exemptions, Portability,
        (LBTR) renewal notice in the mail. The payment is due   COVID market.
        between July 1 and September 30. Payments made after      According to my office’s estimates delivered at the end of  Agricultural Classifications
        September 30 are considered delinquent. Delinquent   May, Palm Beach County-wide taxable property values have
        payments are charged a penalty fee for every month past   increased 13.55 percent from 2021 to 2022.     Have you submitted an application for an exemption,
        due. For more information on penalty fees visit https://     Highlights include:                   portability or agricultural classification? My office
        www.pbctax.com/local-business-tax/#Delinquent-Local-  • Market Value – $387,351,158,909            is processing these applications and will begin status
        Business-Tax.                                    • Taxable Value – $ 251,696,877,168               notifications. If denied, you have the right to file a petition for
        Did Your Business Move Within The Previous Year?   • Net New Construction – $ 4,327,704,016        adjustment with the Value Adjustment Board (VAB) through
           If your business moved locations, you will need to   • Percent Increase (taxable value) – 13.55 percent  the Clerk of the Circuit Court and Comptroller. They can be
        submit a new local business tax receipt application. In   • Real Property Parcels – 650,420        reached at (561) 355-6289.
        addition, you may need additional zoning approvals   • Total Tangible Personal Property Accounts – 58,815  Property Tax Exemptions And Portability
        depending on the municipality to which your business      Once the tax roll receives approval from Florida’s DOR, my      If you submitted an application on or before March 1 and
        has moved. For a new application for local business tax   office will notify all property owners of both their home value   your application was denied, a Notice of Denial will be mailed
        receipt, visit https://www.pbctax.com/local-business-tax/.  and proposed tax rate in the Notice of Proposed Property Taxes   on June 29. The deadline to file a petition with the VAB for an
        Renewal Payment Options                          mailed mid-August. While state law requires my office to value   exemption is 5 p.m. on July 29. The deadline to file a petition
           • Online: Visit                               property based on the status of the market, your tax rate is set by   for the denial of a portability benefit is 5 p.m. on Sept. 12. For
        https://pbctax.manatron.com/Tabs/BusinessTax.aspx to   taxing authorities who answer to you. Their public meetings are   questions about exemptions or portability, contact Exemption
        renew your BTR online.                           listed in your notice.                            Services at (561) 355-2866 or MyExemption@pbcgov.org.
           • Drop Box: (No appointment necessary!) Visit www.                                              Agricultural Classification
        pbctax.com/locations to find the location nearest you.  Where Do New PBC                              Notifications of the status of your application will be mailed
           • Mail:    Palm Beach County Tax Collector                                                      out on June 29. If your agricultural classification application
                      Attn: Business Tax Department      Homesteaders Come From?                           is denied, the deadline to file a petition with the VAB is 5 p.m.
                      P.O. Box 3353                                                                        on July 29. For agricultural classification questions, contact
                      West Palm Beach, FL 33402-3353        When a new Palm Beach County resident files for a   the Agriculture Department at (561) 355-4577 or MyFarm@
           • In-Person: Visit www.pbctax.com/appointments.  homestead exemption, my office collects information about   pbcgov.org.
        Important Dates And

        Deadlines


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                                                                       1851 W Indiantown Rd Ste 106
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                                                                       561-748-7600
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