Talk of The Villages Florida - View Single Post - Sumter County's Proposed Review of Impact Fees and Non-Ad Valorem Assessments
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Old 05-10-2021, 12:15 PM
Altavia Altavia is offline
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Originally Posted by JoMar View Post
The Business coming into the area will consider it a tax. They will build into their business plan, amortize over what ever year plan they use and pass the cost to their customers. Did market development in a past life and the financial guys considered all those "fees" as costs and not only passed on to our customers but also with a margin to maintain bottom line profitability. Anything a business pays to anyone is collected from customers with profit. The one time fee is correct, but they don't handle it that way, they recover it over time and we their customers pay for it. By the way, the original house bill was started in 2019 and the current bill was introduced by 9 House member of which Hage was only one.
And the bill impacts just the rate of increase. The county needs to plan accordingly.

Maybe the Developer should be given credit for covering the cost of building and operating one of the best charter school systems in the coimtry