Page 10 - Jupiter Spotlight - February '23

Page 10, Jupiter Spotlight
Palm Beach County Property Appraiser’s Office

Dear Taxpayer: Visit pbcgov.org/PAPA to E-file and for information on provision which allows you to transfer all or a significant
My office is busy other available exemptions for seniors, families, veterans, portion of your tax benefit, up to $500,000, from a home
preparing the 2023 Tax and more. with a homestead exemption to a new home within the
Roll, a report of the state of Florida that qualifies for a homestead exemption.
combined value of all the Additional Exemptions The application deadline for portability is March 1.
property (real and tangible) You can E-file for portability when E-filing for your
in Palm Beach County as of If you receive a homestead exemption, you may be homestead exemption. Or, if you have already filed for a
Jan. 1. eligible for additional exemptions or discounts in the homestead exemption and need only to file for portability,
This report will reflect categories listed below. The application deadline for visit our website or call Exemption Services at (561)
market data gleaned from all additional exemptions is March 1. 355-2866.
property sales last year as • Civilian disability
well as new construction, • Institutional exemptions Office Closed Due To Holiday
demolition, land splits, land combinations, ownership • Florida law enforcement and first responders
changes, and additions or removals of exemptions. (disabled in the line of duty) In honor of Presidents’ Day, the Palm Beach County
The numbers cited below are as of Jan. 9 and are • Living quarters for parents or grandparents (also Property Appraiser’s Office (including all of our service
subject to change. known as the granny flat) centers) will be closed on Monday, Feb. 20.
Our estimates show a decrease in sales volume over • Senior citizen (limited income)
last year. This is a good indicator of slowing demand. • Veteran’s disability
• Commercial sales are down from 809 to 782 or 3.3 • Widow/widower exemption
percent. For more information, visit pbcgov.org/PAPA or call
• Condo sales are down from 26,174 to 19,221 or 26.6 Exemption Services at (561) 355-2866.
percent.
• Residential sales are down from 24,729 to 18,893 or Portability – You Can Take It
23.6 percent.
New construction has been mixed. While an estimated With You!
5,000 new structures will be added to the 2023 Tax Roll,
there will be fewer new condominium units added to the If you sell your home and buy a new one, there is good
2023 Tax Roll than were added in the previous year. news – you may not lose all the tax savings accumulated
• New Single-Family Homes – 3,742 up 10 percent over the years.
from 2022 Portability refers to Florida’s Save Our Homes
• New Condominium Units – 876 down 32 percent
from 2022
• New Commercial Buildings – 310 up 49.8 percent Experience Dentistry with a Woman’s Touch
from 2022
New construction numbers represent property that has
never been taxed before, adding new value to the 2023
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As the deadline to file for a homestead exemption State of the Art & Same Day Restorations
is March 1, this is an excellent time of year to review
your homestead exemption status and examine additional Nitrous Oxide/Oxygen Sedation Available
exemptions that may yield tax savings. In this month’s
newsletter, you will find information to help you do just
that. I hope you find it useful. Joanne Green, D.D.S.
Respectfully,
Dorothy Jacks, CFA, AAS, 10887 N. Military Trail, Suite 6
Palm Beach County Property Appraiser Palm Beach Gardens, FL 33410

Homestead Exemption On (561) 622-2815 • www.joannegreendds.com
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If you are a permanent Florida resident, you may be Harvard Dental School - Former Instructor
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generally $750 to $1,000 in property taxes each year. All
homestead exemption applications must be submitted
by March 1.
A $25,000 exemption is applied to the first $50,000 of
your property’s assessed value if your property is your
permanent residence and you owned the property as of Jan.
1. This exemption applies to all taxes, including school
district taxes. An additional exemption of up to $25,000
will be applied if your property’s assessed value is between
at least $50,000 and $75,000. This exemption is not
applied to school district taxes. In addition, a homestead
exemption limits any increase to your assessed value to
a maximum of 3 percent each year or the amount of the
change in the Consumer Price Index, whichever is lower.
Three ways to apply:
• E-file at pbcgov.org/PAPA.
• Visit one of our five service centers to file in person.
• Complete the application online, print it out, and
mail it to the Property Appraiser’s Office.
Once you qualify, your homestead exemption will
be renewed for you annually as long as you continue to
qualify for the exemption.