1. PALM BEACH COUNTY PROPERTY APPRAISER’S OFFICE
PRESENTER:
DOROTHY A. JACKS, CFE, AAS
Chief Deputy Property Appraiser
October 8, 2015
Village of North Palm Beach

2. Village of North Palm Beach
Market Value $2.4 billion
Taxable Value $1.7 billion
Parcel Count 7,629
PALM BEACH COUNTY PROPERTY APPRAISER

3. 2015 North Palm Beach Total MARKET VALUE ASSESSED VALUE
$2,471,593,308
100%
Assessment Differential
Reduction
Save Our Homes Differential
$326,275,375
13.2%
10% Non-Homestead Assessment Increase Cap
$73,680,700
3.0%
Agricultural Classification $0
Pollution Control Devices
Conservations Lands
Working Waterfronts
$10,621,849
0.4%
SUBTOTAL
$410,577,924
16.6%
ASSESSED VALUE
$2,061,015,384
83.4%
PALM BEACH COUNTY PROPERTY APPRAISER

4. 2015 North Palm Beach Total ASSESSED VALUE $2,061,015,384
83.4%
Exemptions
Reduction
$25K Homestead ( (1)(a), F. S.)
$100,379,135
4.1%
Additional $25K Homestead ( (1)(b), F.S.)
$91,676,963
3.7%
Additional $25K Homestead Age 65 ( , F.S.) $0
$25K Tangible Personal Property
$4,851,355
0.2%
Governmental Property
$77,310,218
3.1%
Institutional Property
$57,250,680
2.3%
Others(Senior, Widow, Widowers, Disability, Historic and Economic)
$5,128,480
SUBTOTAL
$336,596,831
13.6%
TAXABLE VALUE
$1,724,418,553
69.8%
PALM BEACH COUNTY PROPERTY APPRAISER

5. North Palm Beach – Real Property 2015
Total $2,380,740,805
Total $1,676,468,682
PALM BEACH COUNTY PROPERTY APPRAISER

6. ? North Palm Beach - 2016 Projections
Recovery from the Great Recession complete
2005 Tax Roll $2.36 billion
2015 Tax Roll $2.4 billion
53% of the total parcel count have a Homestead Exemption
Entry of WaterClub to 2017 Tax Roll will be significant
PALM BEACH COUNTY PROPERTY APPRAISER

7. PALM BEACH COUNTY PROPERTY APPRAISER’S OFFICE
THANK YOU!
DOROTHY A. JACKS, CFE, AAS
Chief Deputy Property Appraiser