Palm Beach County Property Appraiser issues “rollback” info. What’s your rate?

moneyPAO_LogoJPGOn Monday, the Palm Beach County Property Appraiser issued, and mailed to 654,930 property owners, its annual “TRIM” notice (“Truth in Millage.”).

The state many years ago required entities to show the rollback rate, the rate at which the average homeowner would pay the same amount as last year if the entity’s budget was exactly the same as last year.

In the box score issued Monday, the appraiser broke out for each entity two numbers. The one in blue is “equal to the rollback,” meaning no tax increase on the average property covered by that entity. The number in green, “below rollback,” means that, if the proposed rate passes, you’ll actually pay less in taxes, even though your property’s value might have stayed the same or gone up.

Call the property appraiser at 561-355-3230 or visit http://www.pbcgov.com/papa

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