Quote:
Originally Posted by erojohn
Seems like a lot but you could be paying it off over a long period of time.
It kind of overstated that taxes went up 25%. My total tax bill was up 7.57%
The Sumter co portion was up a substantial percentage. I choose to look at the bottom line. My bill was up a whopping total of. 233. I challenge anyone to check out the facts and report back. Instead of echoing others complaints about going up 25%. How much did your total tax bill go up? You can take a look at any properties tax records in Sumter County on the tax collectors website and compare Totals and break it down. I find some of my totals have actually gone down.
|
My property taxes went up over $1000 or 25% this year. You must be a Florida resident. Besides raising the tax rate, the Sumter County assessor, instead of doing his job and raising property market values slowly and steadily over a period of years to reflect reality, decided to hike property market values in The Villages by 15+% last year in one fell swoop.
Because of SOH (Save Our Homes Act = Shaft Out-of-State Homeowners Act), snowbirds were hammered with much higher property tax increases than you saw. The assessed value of the home of a Florida resident can only increase by the Consumer Price Index every year (around 2%) even though its market value as determined by Sumter County went up by 15%. On the other hand, the snowbird (non-Florida resident) saw the 15% market value increase translated directly into a 15% assessed value increase in just one year. The increased tax rate is then applied to this increased assessed value (2% vs 15%) minus any homestead exemption.