Palm Beach County Property Appraiser’s Office Submits Preliminary Tax Roll
West Palm Beach, FL – Palm Beach County-wide property (taxable) values have increased 15.19% from 2021 to 2022, according to the 2022 preliminary tax roll that the Palm Beach County Property Appraiser’s Office submitted to Florida’s Department of Revenue and to local taxing authorities today. These values are based upon market conditions as of January 1, 2022.
The preliminary tax roll is a systematic listing of information pertaining to the just valuation of all real property within Palm Beach County for purposes of ad valorem taxation. Taxing authorities use these values to prepare their upcoming budgets and to determine their proposed millage (tax) rates.
- Total Market value: $404,320,351,853
- Total Taxable value: $255,330,712,693
- Total Net New Construction Taxable: $4,427,105,346
- Total Parcel Count: 650,424
- Total Tangible Accounts: 59,118
"Palm Beach County’s overall market value is a snapshot of the big picture," said Property Appraiser Dorothy Jacks, CFA, AAS. "A strong residential market, as well as a commercial market that has rebounded after the uncertainty of COVID-19, has fueled a jump in value."
Once the tax roll is approved, the Property Appraiser’s Office will prepare the Notices of Proposed Property Taxes and Non Ad Valorem Assessments. This individualized letter shows each Palm Beach County property owner the value of their property, proposed tax rates, and public hearing information. These letters are mailed in mid-August.
This is the second of three certifications of value required by law of the Property Appraiser’s Office. A final certification occurs prior to the November 1 tax bill.