Tax Reduction Should Be Much Greater
The very minor tax reduction you see in the TRIM notice should be much bigger. There are many revenue items not even considered in the budget. If you look at the minutes and listen to the July 13, 2021 budget meeting, you’ll see that there was no consideration for the new internet sales tax revenue estimated to be 229.5 million dollars for Florida this year. No revenue for the 25 million dollar Federal grant to Sumter County was estimated. Even the receipts from the sales of new homes are underestimated. If even half of the missing revenues were included in the current budget, our tax reduction for the County portion would be more like 10%.
|