Quote:
Originally Posted by champion6
I don't understand your math.
Attached is a comparison of real estate taxes in TV. Where do you come up with "The annual tax on that 1/2 price new home would be twice, yes 2 times the current annual tax on my current home."?
The lowest millage rate is in unincorporated Sumter County -- 12.4001. The highest is in Lake County, Pine Hills & Pine Ridge -- 17.9898.
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My figure comes from a combination of adding wildwood city tax, that I don’t pay now, and the lower tax I have for my current home of 10 years that has enjoyed lower tax increases due to the limited increase allowed in Sumter county. It is complicated but as explained to me, if I bought my current home at today’s value, my tax would go up by approx 30%. Add that to the wildwood city tax and my annual tax would double.
