Page 101 - CityofLakeWorthFY26AdoptedBudget
P. 101

CITY OF LAKE WORTH

                New Construction                                              New Value     Counts        Taxable
                All Real Estate                                               2,346,518        11       2,291,186
                New business in new improvement                                      0          0              0
                Total New Construction                        3,286,975       2,346,518        11       2,291,186
                New Construction in Residential                               1,996,434        10       1,968,765
                New Construction in Commercial                                 350,084          1        322,421
                                                                 Market       Appraised     Counts        Taxable
                Annexation                                           0               0          0              0
                Deannexation                                         0               0          0              0


                Tax Ceiling                                      Market         Taxable     Counts  Ceiling Amount
                Over 65                                              0               0          0           0.00
                Disable Person                                       0               0          0           0.00
                Disabled Person Over 65                              0               0          0           0.00
                Total Ceilings                                       0               0          0           0.00
                New Over 65 Ceilings                                 0               0          0           0.00
                New Disabled Person Ceilings                         0               0          0           0.00
                New Disabled Person Over 65 Ceilings                 0               0          0              0

                Capped Accounts                                  Market       Cap Loss      Counts      Appraised

                Cap Total                                   149,621,838      30,508,983       648     119,112,855
                New Cap this Year                                    0               0          0              0
                Circuit Breaker Total                        36,506,231       4,747,636        63      31,758,595
                New Circuit Breaker this Year                 1,695,491        338,506          8       1,356,985


                All Exemptions by Group                          Market         Exempt      Counts      Appraised
                Residential                                 128,481,791      31,976,116       587     109,984,773
                Commercial                                  108,496,247     107,006,479       161     107,948,971
                Industrial                                           0               0          0              0
                Mineral Lease                                        0               0          0              0
                Agricultural                                   211,690               0          0          7,016
                Exemption Total                                             138,982,595       748
                                                                 Market         Exempt      Counts      Appraised
                Prorated Absolute                                    0               0          0              0
                Multi-Prorated Absolute                              0               0          4        469,910
                                                                         Current Taxable    Counts      Appraised
                Value Loss - 25.25(d)                                                0          0              0
                                                          Average Market Average Appraised  Counts  Average Taxable
                Averages for Value Single Family               221,493         203,795       1,767       186,106












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