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Old 03-25-2021, 10:24 AM
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dewilson58 dewilson58 is offline
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Quote:
Originally Posted by Villages Kahuna View Post
It won’t be a” reduction “. It just won’t be an increase.

The increase in property taxes passed by the former county commissioners was up to 25%. The chances are that amount wouldn’t have been assessed in the first year, but at the planned pace of development the increase probably would have been assessed within a year or two. The rollback passed by the new County commissioners will prevent that large increase from being assessed.
A swing & A miss.


I will pitch this one under-hand so maybe you can get a piece of it.
You stated: property taxes would have a major reduction from the tax increase passed by the former county commissioners


The increase is already in place.
You have defined future reductions as MAJOR.
Please define.


The increase in the impact fee will generate a couple million dollars from a couple thousand new Villages homes. The tax increase generated $50mil. $2mil out of $50mil is extremely minor.


Please explain your major reduction (that TV's sales paper forgot to mention)


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