Quote:
Originally Posted by tophcfa
Well, that was in fact a helpful post, and I agree, I also wish that was how the developer decided to pay the impact fee. I guess that begs the question, why do you suppose they chose to not issue a Special Revenue Bond, and instead took the path of forcing existing Sumter County residents to foot the bill for a large portion of the impact fees?
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My Guess: Inexperienced commissioners & county finance staff. None of them have been faced with the issue and did not know what to do. I think Sumter would have been successful in issuing a bond. The new commissioners have even less experience. Oh Boy.