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Palm Beach County government

An estimate of how Amendment 3's larger homestead exemption could change Palm Beach County government's ad valorem property tax revenue, based on 2026 property values and final 2026 tax rates.

These are estimates, not forecasts. They hold today's values and tax rates constant to show the effect of the new exemption by itself. Property values, the number of homesteads and tax rates will all change. Property taxes are also not the only source of revenue for Palm Beach County government. Read the full list of limitations below.

Illustrative estimates only. These figures are meant to illustrate how Amendment 3 could affect Palm Beach County government based on current data. They are not official. For official information about the county's budget, tax rates and revenue, contact Palm Beach County government directly. For official property values and exemptions, contact the Palm Beach County Property Appraiser.

Key figures

This page covers the two operating property taxes Palm Beach County government levies in the final 2026 millage table, grouped by where they apply: the countywide levy (4.5000 mills, paid throughout Palm Beach County, inside and outside cities) and the fire rescue MSTU (3.4581 mills, paid in unincorporated Palm Beach County and in the cities of Belle Glade, Lake Worth Beach, Pahokee, South Bay and Westlake, the towns of Cloud Lake, Glen Ridge, Haverhill, Juno Beach, Lake Clarke Shores, Lake Park, Lantana, Loxahatchee Groves and South Palm Beach and the villages of Palm Springs, Royal Palm Beach and Wellington). The county also levies 0.0210 mills in voter-approved debt service (county voted debt service). Those taxes are included in each property's tax estimate on the calculator but not in the revenue figures on this page, because they repay bonds.

2026 county ad valorem revenue$1.96 billionAll county levies, 95% of a combined gross levy of $2.06 billion
2028 estimate$1.65 billionWith homestead assessed values rising by up to 3% a year, capped at just value
Estimated change by 2028−$302.1 million−15.4% from 2026. If homestead values stay flat: −$339.1 million (−17.3%)
Homesteads countywide362,67755.2% of 657,468 parcels

Countywide levy (4.5000 mills)

Paid on taxable property throughout Palm Beach County, inside and outside cities. Estimated change by 2028: −$205.7 million (−13.7%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.

YearHomestead taxable valueOther taxable valueTotal taxable valueGross levyBudget basis (95%)Change from 2026 (95%)Percent change
2026$144,566,314,688$206,182,004,499$350,748,319,187$1,578,367,436$1,499,449,065——
2027 (estimate)$117,143,375,567$206,182,004,499$323,325,380,066$1,454,964,210$1,382,216,000−$117,233,065−7.8%
2028 (estimate)$96,456,941,154$206,182,004,499$302,638,945,653$1,361,875,255$1,293,781,493−$205,667,572−13.7%

If homestead assessed values stay at 2026 levels

YearHomestead taxable valueOther taxable valueTotal taxable valueGross levyBudget basis (95%)Change from 2026 (95%)Percent change
2026$144,566,314,688$206,182,004,499$350,748,319,187$1,578,367,436$1,499,449,065——
2027 (estimate)$113,450,412,336$206,182,004,499$319,632,416,835$1,438,345,876$1,366,428,582−$133,020,483−8.9%
2028 (estimate)$89,952,238,733$206,182,004,499$296,134,243,232$1,332,604,095$1,265,973,890−$233,475,175−15.6%

Fire rescue MSTU (3.4581 mills)

A municipal services taxing unit for fire rescue, paid on 373,532 parcels in unincorporated Palm Beach County and in the cities of Belle Glade, Lake Worth Beach, Pahokee, South Bay and Westlake, the towns of Cloud Lake, Glen Ridge, Haverhill, Juno Beach, Lake Clarke Shores, Lake Park, Lantana, Loxahatchee Groves and South Palm Beach and the villages of Palm Springs, Royal Palm Beach and Wellington. Estimated change by 2028: −$96.4 million (−21.1%). Homestead assessed values rise by up to 3% a year (never above each home's just value); all other property stays at its 2026 taxable value.

YearHomestead taxable valueOther taxable valueTotal taxable valueGross levyBudget basis (95%)Change from 2026 (95%)Percent change
2026$64,122,936,183$74,769,463,776$138,892,399,959$480,303,808$456,288,618——
2027 (estimate)$47,333,478,158$74,769,463,776$122,102,941,934$422,244,184$401,131,974−$55,156,644−12.1%
2028 (estimate)$34,773,191,003$74,769,463,776$109,542,654,779$378,809,454$359,868,982−$96,419,636−21.1%

If homestead assessed values stay at 2026 levels

YearHomestead taxable valueOther taxable valueTotal taxable valueGross levyBudget basis (95%)Change from 2026 (95%)Percent change
2026$64,122,936,183$74,769,463,776$138,892,399,959$480,303,808$456,288,618——
2027 (estimate)$45,664,467,769$74,769,463,776$120,433,931,545$416,472,579$395,648,950−$60,639,668−13.3%
2028 (estimate)$31,957,270,975$74,769,463,776$106,726,734,751$369,071,721$350,618,135−$105,670,483−23.2%

What drives the estimate

As with the cities and towns, the size of the change depends mostly on how much of the taxable value comes from homesteads. Property without a homestead exemption, such as rentals, businesses, second homes and vacant land, keeps its taxable value under the amendment.

Countywide, homesteads make up 41.2% of the taxable value for the countywide levies in 2026. Within the fire rescue MSTU area, they make up 46.2%, so the estimated percentage change for that levy is larger. Among the 37 cities, towns and villages that levy a property tax, the homestead share ranges from 9.4% to 64.5%.

The table below shows where the change in the countywide taxable value comes from. Unincorporated Palm Beach County has 29.4% of the county's taxable value and accounts for an estimated 47.8% of the change. The City of Boca Raton has 11.9% of the county's taxable value and accounts for an estimated 7.0% of the change.

AreaCounty taxable value, 2026Share of county taxable valueHomestead share of area's taxable valueChange in area's taxable value by 2028Share of countywide change
Unincorporated Palm Beach County$103,126,206,44229.4%49.8%−22.3%47.8%
City of Boca Raton$41,647,605,49511.9%40.1%−8.1%7.0%
Town of Palm Beach$37,466,112,47010.7%41.4%+0.2%−0.2%
City of West Palm Beach$26,649,108,7927.6%25.9%−9.9%5.5%
City of Palm Beach Gardens$22,828,854,1996.5%44.9%−12.6%6.0%
City of Delray Beach$20,527,385,1775.9%33.7%−9.3%4.0%
Town of Jupiter$19,125,318,9405.5%46.4%−13.5%5.4%
Village of Wellington$13,499,749,0813.8%40.3%−16.8%4.7%
City of Boynton Beach$10,623,409,4343.0%27.6%−19.5%4.3%
City of Riviera Beach$8,430,543,2132.4%23.8%−9.8%1.7%
Village of Royal Palm Beach$5,072,318,3031.4%41.3%−28.2%3.0%
Town of Highland Beach$4,271,048,1201.2%40.6%−6.0%0.5%
Village of North Palm Beach$3,969,869,0971.1%50.7%−15.0%1.2%
City of Lake Worth Beach$3,927,838,6481.1%25.0%−15.6%1.3%
City of Greenacres$3,373,720,6171.0%35.7%−29.1%2.0%
Town of Manalapan$2,556,276,7620.7%35.6%+0.8%−0.0%
Town of Juno Beach$2,416,509,1450.7%35.1%−7.8%0.4%
Village of Palm Springs$2,347,200,4990.7%19.9%−16.4%0.8%
Village of Tequesta$2,334,874,8120.7%48.0%−12.3%0.6%
Town of Lantana$2,130,910,8460.6%29.4%−11.0%0.5%
Town of Gulf Stream$2,027,157,2430.6%56.9%−0.7%0.0%
Town of Ocean Ridge$1,947,920,9250.6%45.8%−3.8%0.2%
City of Westlake$1,837,233,4220.5%58.4%−25.4%1.0%
Town of Lake Park$1,716,947,8220.5%12.4%−9.2%0.3%
Town of Palm Beach Shores$1,026,042,6990.3%18.9%−5.5%0.1%
City of Atlantis$745,745,5370.2%36.6%−17.5%0.3%
Town of Jupiter Inlet Colony$729,650,3610.2%59.4%−1.4%0.0%
Town of Loxahatchee Groves$681,124,5690.2%35.3%−16.2%0.2%
Town of South Palm Beach$625,660,5600.2%25.7%−14.7%0.2%
Town of Hypoluxo$595,373,9290.2%32.3%−20.0%0.2%
City of Belle Glade$571,498,4280.2%19.9%−18.4%0.2%
Town of Lake Clarke Shores$453,237,1790.1%64.5%−39.4%0.4%
Town of Mangonia Park$440,861,9350.1%9.4%−6.6%0.1%
Village of Golf$425,109,4210.1%44.6%−2.9%0.0%
Town of Haverhill$198,201,3280.1%52.0%−37.0%0.2%
City of Pahokee$127,178,9310.0%26.3%−25.3%0.1%
Town of Briny Breezes$113,930,0500.0%16.2%−12.6%0.0%
City of South Bay$105,928,1990.0%16.0%−15.8%0.0%
Town of Glen Ridge$37,381,7140.0%39.0%−22.1%0.0%
Town of Cloud Lake$17,274,8430.0%29.9%−18.9%0.0%

Estimates use homestead assessed values rising by up to 3% a year, capped at just value. Areas are based on each parcel's tax district.

Property taxes are one of several revenue sources

Florida counties also receive money from other sources. Depending on the county, these can include state revenue sharing, the local government half-cent sales tax, local option sales and fuel taxes, communications services taxes, non-ad valorem assessments, franchise fees, charges for services, and state and federal grants. The mix differs from county to county. Palm Beach County's adopted budget shows its full set of revenue sources and how much each provides.

The Children's Services Council of Palm Beach County, the Health Care District of Palm Beach County, the Palm Beach County Library District, the Florida Inland Navigation District, the water management district and the School Board levy their own property taxes. They are separate taxing authorities and are not included on this page.

Limitations of these estimates

Sources and method

Property values and exemptions: The Palm Beach County Property Appraiser's 2026 final tax roll, as published by the Florida Department of Revenue. Tax rates: the Property Appraiser's 2026 Taxing Authority Code Description and final millage rates. Parcel tax districts: the taxing authority codes on the same tax roll.

For each homestead, the estimated taxable value is its assessed value minus the new homestead exemption ($150,000 in 2027, $250,000 in 2028) and any other exemptions, but not less than zero. The gross levy is total taxable value times the millage rate, for the parcels where each levy applies. The budget basis is 95% of the gross levy.

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