There is an article in today's paper about impact taxes going up 150%. I have never heard the term before but I did some research and they appear to be an assessment for infrastructure.
Southern residents voice concerns about tax increase | In Today's Daily Sun | The Villages Daily Sun | thevillagesdailysun.com
Are they the same as the bond? According to the following article, the impact fee for a 1,400–1,999-square-foot home in Palm Beach County is $12,469.43
How impact fees work in Florida and what changes under the new law | Palm Beach Roofing Press
However, I also read that a law that was passed this summer limits impact fees. As of June 4, 2021, jurisdictions can only increase impact fees once every four years in the following manner: Increases between 25 to 50 percent must be spread over four years, while smaller increases would be implemented in two equal installments.
If that is the case, how can Sumter be increasing them by up to 150%??