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The amount Palm Beach property owners will actually pay could change, once the town, the county, the school board and other taxing authorities finalize their tax rates.
The Palm Beach County Property Appraiser expects to mail its annual notices on Aug. 18 to help owners plan for their 2023 property taxes.
Local officials in northern Palm Beach County keep property tax rates the same, but expect to bring in more money as property values rise.
Palm Beach County Property Appraiser Dorothy Jacks, whose office prepares the tax rolls, said she is becoming more and more accustomed to seeing Palm Beach real estate values set new records.
Palm Beach County Property Appraiser estimates the town of Palm Beach could add more than $5 billion of real estate value to the latest tax rolls.
Taxable property values in Palm Beach County have increased almost 15%. The median home value in the county for next year is $375,950, according to Budget Director Sherry Brown.
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