TOWN BUDGET AND ORGANIZATION
General Fund
The General Fund is mostly funded by local property taxes . A Jupiter resident ’ s tax bill is made up of charges from several different agencies and special districts . Jupiter ’ s portion of that bill is 13.6 percent .
Typical Jupiter Resident Tax Bill
Special Taxing District 14.6 %
Palm Beach County 25.0 %
Town of Jupiter 13.6 %
Jupiter Property Valuation
PBC School District 37.5 %
Jupiter ’ s millage ( property tax ) rate for FY2021 was 2.6524 . This rate represents dollars paid per $ 1,000 of property value , and Jupiter has planned and budgeted in a way that has allowed this rate to remain fairly stable over the last decade . Increases in property tax revenue have come mainly from increases in property values , as shown in the chart below . So , a typical resident may have seen a slight increase in their property tax paid to the Town in recent years as their property value has increased .
Jupiter Property Valuation
PBC Fire Rescue 9.3 %
$ 14,000,000,000 |
|
12.0 % |
$ 12,000,000,000 |
10.05 |
10.0 % |
$ 10,000,000,000 |
7.45 |
8.87 |
8.0 % |
|
$ 8,000,000,000
$ 6,000,000,000
$ 4,000,000,000
|
4.08 |
6.39 |
5.43 |
4.80 |
4.40 |
4.99 |
6.0 %
4.0 %
|
$ 2,000,000,000 |
|
|
|
|
|
|
2.0 % |
2014 2015 |
2016 2017 2018 2019 2020 2021 |
2022 |
0.0 % |
Property Valuation % Increase
Page 9