What is the current millage rate?

The current millage rate is 7.50 mills. This is equal to $7.50 per $1,000 of assessed value. So if a house is assessed at $400,000, and the owner has a $50,000 Homestead Exemption, the house is taxed only on $350,000. So multiply 350 x $7.50, and that owner would pay $2,625 in Village taxes.  

Keep in mind, other governmental bodies such as Palm Beach County, the School District and others also charge a tax to each property, so only 35 percent of the total taxes paid on a house in North Palm Beach goes to the Village.  Since 2,625 is 35 percent of 7,500, the property with a $400,000 value and a $50,000 Homestead Exemption would pay a total of $7,500 on an annual tax bill to all local governmental entities combined.

 Call (561) 841-3360 for more information.

Show All Answers

1. Does the Finance Department accept credit cards?
2. What are the Finance Department's hours of operation?
3. What is the current millage rate?
4. Where can I view a copy of the Village's current budget?
5. Where can I view the Comprehensive Annual Financial Report?
6. What is the name of our water and sewer company?
7. Where do I apply for a Homestead Exemption?
8. Who do I contact regarding my property taxes?
9. Where is the North Palm Beach Finance Department located?