Quote:
Originally Posted by tophcfa
Congratulations are in order for the new Sumter County Commissioners. Today’s Daily Sun reported that the developer volunteered a 40% impact fee increase on all new homes built in the Villages. That certainly would not have happened if the 5 prior commissioners were still in office. Let the independent analysis and negations finally begin as a starting point has been identified. I will be interested to learn how much of the 25% property tax increase can be rolled back (revenue neutral) under that scenario.
Here is hoping that all parties involved can agree on the appropriate impact fee increase/property tax roll back that strikes the proper balance between putting the financial burden of new development on existing county residents and those responsible for the development.
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The developer blinked first. Congrats to the new commissioners but the impact fee should have been raised to 100% of the recommended fee. Hope this is only round one in the negotiation. Property tax should drop by 8 percentage points.
Developer threw the cheerleaders under the bus. LOL