COBWRA BY THE NUMBERS PRESENTER: Dorothy A. Jacks, CFE, AAS Chief - PowerPoint PPT Presentation

COBWRA BY THE NUMBERS PRESENTER: Dorothy A. Jacks, CFE, AAS Chief Deputy Property Appraiser 02-18-2015

COBWRA C oalition of B oynton W est R esidential A ssociations Statistics prepared by the Palm Beach County Property Appraiser 2014 Tax Roll Gary R. Nikolits, CFA Palm Beach County Property Appraiser

Largest Municipalities Jupiter Palm Beach Gardens West Palm Beach Wellington COBWRA Boynton Beach Delray Beach Boca Raton

COBWRA – The Association If the COBWRA Member Communities were incorporated, it would be the 2 nd largest municipality in Palm Beach County by parcel count The Just (or Market) Value of COBWRA Communities is $9,299,336,399 COBWRA Communities paid $31,786,602 in taxes to Palm Beach County in 2014 COBWRA Communities account for 10% of all unincorporated parcels in Palm Beach County

PARCEL COUNTS 45,674 largest city by parcel count CITY of WEST PALM BEACH 42,425 COBWRA Communities (members of COBWRA) 42,394 BOCA RATON 34,102 BOYNTON BEACH 32,636 DELRAY BEACH 30,011 JUPITER 26,388 PALM BEACH GARDENS

JUST (or Market) VALUE Taxing Authority Just Value $ 22,517,731,084 Boca Raton $ 16,914,924,424 Palm Beach $ 12,066,319,397 West Palm Beach $ 10,550,033,310 Palm Beach Gardens $ 10,210,786,565 Jupiter $ 9,470,636,125 Delray Beach $ 9,299,336,399 COBWRA Members $ 8,939,711,557 Wellington $ 5,667,541,658 Boynton Beach $ 4,217,835,368 Riviera Beach $ 2,884,041,749 Royal Palm Beach

COBWRA Association Makeup by Property Type Values and Use For COBWRA Association Members Category Just Value Parcel Count SINGLE FAMILY RESIDENTIAL $ 8,403,795,312 34,152 CONDOMINIUMS $ 616,258,243 5,731 IMPROVED COMMERCIAL $ 74,211,029 68 OTHER (Vacant Res./Commercial, Ag, Gov't, etc) $ 205,071,815 2474 $ 9,299,336,399 42,425 TOTAL

IF we take COBWRA's Communities and compare their TAX DOLLAR contribution to Palm Beach County vs. other HIGH VALUE Cities Tax Dollars COBWRA Member Communities Tax Dollars Contribute to Palm Beach County Boca Raton $ 83,452,084 Palm Beach $ 63,442,473 Palm Beach Gardens $ 40,111,508 Jupiter $ 37,323,686 West Palm Beach $ 32,931,041 COBWRA Member Communities $ 31,786,602 Delray Beach $ 30,176,853 Wellington $ 29,029,715 Boynton Beach $ 18,938,366

COBWRA Member Communities Tax Dollars Distribution to Taxing Authorities 2014 Tax Breakdown Taxing authority Tax dollars Palm Beach County $ 31,786,602 Palm Beach County -Debt $ 1,272,401 Library $ 3,650,325 Library-Debt $ 354,329 Fire/Rescue $ 22,988,857 PBC School Board-Local $ 18,692,575 PBC School Board-State $ 38,133,451 Children's Services $ 4,506,653 Fl. Inland Navigation Dist. - Palm Beach $ 230,512 Health Care District $ 7,215,992 South FLA Water Management Dist.-Basin $ 1,147,206 South FLA Water Management Dist.-District $ 1,053,665 South FLA Water Management Dist.-Everglades Const. $ 366,143 TOTAL $113,568,711

COBWRA The GEOGRAPHIC BOUNDARY

COBWRA – The Geographic Boundary COBWRA Association Within COBWRA Boundary, but not members of the Association

COBWRA - The GEOGRAPHIC BOUNDARY If the boundaries of COBWRA were incorporated into a municipality, it would have the largest parcel count of any municipality in Palm Beach County. Total Parcel Count 59,090 The boundary properties are worth $13,164,534,475 in Just Value The boundary properties paid $43,859,825 to Palm Beach County in 2014 taxes

COBWRA Boundary Contribution to Palm Beach County Tax Dollars For COBWRA Boundary Contribution Tax Dollars to Palm Beach County Boca Raton $ 83,452,084 Palm Beach $ 63,442,473 COBWRA Boundary $ 43,859,825 Palm Beach Gardens $ 40,111,508 Jupiter $ 37,323,686 West Palm Beach $ 32,931,041 Delray Beach $ 30,176,853 Wellington $ 29,029,715 Boynton Beach $ 18,938,366

2014 COBWRA Boundary Tax Breakdown TAXING AUTHORITY TAX DOLLARS City of Boynton Beach $ 41,170 Palm Beach County $ 43,859,825 Palm Beach County -Debt $ 1,755,687 Library $ 5,033,934 Library-Debt $ 488,632 Fire/Rescue $ 31,702,486 PBC School Board-Local $ 25,773,161 PBC School Board-State $ 52,578,072 Children's Services $ 6,217,928 Fl. Inland Navigation Dist. - Palm Beach $ 318,040 Health Care District $ 9,956,063 South FLA Water Management Dist. -Basin $ 1,582,826 South FLA Water Management Dist.-District $ 1,453,762 South FLA Water Management Dist. -Everglds Const. $ 505,176 TOTAL $181,266,762

In Summary COBWRA  107 Communities 10% of all Parcels in Unincorporated Palm Beach County PALM BEACH COUNTY OPERATING MILLAGE COLLECTION: TOTAL: $666,858,228 Unincorporated: $237,493,645 35% COBWRA: $31,786,602 13%

Thank You Dorothy A. Jacks, CFE, AAS Chief Deputy Property Appraiser djacks@pbcgov.org 561-355-3233 pbcgov.com/PAPA