Thread: Tax Trim Notice
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Old 08-27-2016, 05:08 PM
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Schaumburger Schaumburger is offline
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Quote:
Originally Posted by MikeV View Post
I often wonder what the counties do with the windfall of taxes from TV. Let's assume 100 new homes close each month with an average of say $2000 in tax revenue. Please don't worry about the accuracy of my numbers it's just for illustration. So what does the county do with the extra $2,000,000 or so in revenue they get every year?
Good question. Didn't I read on TOTV that Sumter County was at one time one of the poorest counties in Florida? With another 3,000 homes to be eventually built in The Village of Fenney, that will add more money to Sumter County's coffers.
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Born and raised in Dubuque, Iowa. Chicago 1979 to 1986. Northwest Suburbs of Chicago - Schaumburg since 1988.