Page 8 - PGA Community News - May '23

Page 8, PGA C.A.N.! BW May 2023
May 2023
Clerk Alert

Discover Palm Beach County’s tax revenue in fiscal year (FY) 2022, an increase of 6 percent

Financial Health With The over the previous fiscal year.
Higher Tourist Development Tax Income
Palm Beach County collected more than $77.8 million
Popular Annual Financial Report in tourist development tax revenue during FY 2022, a 52.6
percent increase from the previous fiscal year.
April Is Financial Literacy Month, Taxpayer Savings
The Perfect Time To Learn More About Our office’s management of the county investment
The Financial Health Of Your Government portfolio earned $32.6 million in investment income during
FY 2022. That’s a savings of $50 for every county taxpayer.
As Palm Beach County’s Checks and Balances also illustrates how your tax dollars pay
Chief Financial Officer, for parks, roads, public safety and other services. In FY 2022,
Treasurer and Auditor, the the average cost per taxpayer for county services included:
Clerk of the Circuit Court • $95 for parks and recreation million in investment income. This is the highest county
and Comptroller is your • $49 for community services investment income for any fiscal year, almost five times the
source for county financial • $34 for public safety $32.6 million of income made during fiscal year 2022.
information and has • $38 for engineering and public works Thank you to our investment team for putting Palm Beach
important resources to help You can find the FY 2022 Checks and Balances report, County tax dollars to work, keeping them secure and earning
you understand Palm Beach also known as the Popular Annual Financial Report (PAFR), money for our community.
County’s finances. online at www.mypalmbeachclerk.com/pafr.
Our office’s award- Checks and Balances is just one of a variety of resources Clerk’s Office Wins Prestigious
wi n n i n g C he c k s a n d available on the finance page of our website. You can also
Balances guide provides an easy-to-read overview of the find Palm Beach County’s Annual Comprehensive Financial GFOA Triple Crown
county’s financial well-being and other economic indicators Report, updates on Palm Beach County’s investment
for our community, from how much tax money is coming portfolio, and reports on the CARES Act and American North America’s leading
into the county each year, to how that tax money is managed Rescue Plan Act payments. association for government
to pay for critical public services and investments. These financial reports are just one of the ways we are finance experts has awarded
Highlights for Fiscal Year 2022 for Palm Beach County committed to government transparency in Palm Beach our office the Triple Crown,
include: County. We hope it is a valuable and informative resource one of its highest honors,
Record Property Tax Revenue for you and for our entire community. for providing residents of
Palm Beach County collected $1.418 billion in property Joseph Abruzzo, Palm Beach County clear
Clerk of the Circuit Court and Comptroller information about their tax
HANDY-MAN Clerk’s Office Projects $160 dollars.

For the second consecutive year, we have earned the Triple
Crown after receiving three top awards from the Government
HOME SERVICES Million Investment Income In Finance Officers Association (GFOA). Congratulations to our
finance team!
Fiscal Year 2023

NO JOB TOO SMALL Clerk Joseph Abruzzo shared to the Board of County Clerk Abruzzo Joins
Commissioners on Tuesday, April 4 that county investments Senate Delegation For
are on track to bring in record income for FY 2023.
u Water Stains u Screen Repair Based on expert in-house investment of county tax money, 2023 Legislative Session
u Painting u Leak Repair the investment portfolio is on track to earn close to $160
Members of Palm Beach County’s current and alumni
u Caulking u Misc. Repair Senate delegation were in Tallahassee on Wednesday, March
u Interior/Exterior 8 for the start of the 2023 legislative session.

... and much more! Clerk Abruzzo, who served in the Florida Senate prior to
his election as clerk, is always advocating for Palm Beach
Housesitting Available • References Available County causes and for legislation supported by Florida Court
Clerks and Comptrollers, as well as the proposed amendment
(Serving Palm Beach County since 1980) to Florida’s grand jury laws filed this session by Sen. Tina
Call Rubin Polsky and Rep. Peggy Gossett-Seidman.

Licensed & Insured 561-346-2467 Clerk Alert on page 9

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