Talk of The Villages Florida - View Single Post - Different Responses to the Sumter County 25% Tax Hike
Thread: Different Responses to the Sumter County 25% Tax Hike
View Single Post
 
Old 10-13-2019, 04:44 PM
biker1 biker1 is offline
Sage
Join Date: May 2014
Posts: 3,664
Thanks: 2
Thanked 1,250 Times in 719 Posts
Default
I doubt the Developer was actually saved any money. The costs of the new roads was either going to be paid by the new home owners or the existing Sumter County residents (via increased County Taxes). If it was through increased impact fees, the increased impact fees would have been reflected in the prices of the new homes as the Developer would have passed the costs along to the new home owners.

Quote:
Originally Posted by Advogado View Post
It appears by enacting the tax increase in lieu of an increased impact fee, the Commissioners saved the Developer well over $100,000,000 and cost the taxpayers the same amount.