Talk of The Villages Florida - View Single Post - What are impact fees??
Thread: What are impact fees??
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Old 12-25-2021, 08:22 AM
Bogie Shooter Bogie Shooter is offline
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Originally Posted by Robbie0723 View Post
I'd like to see the planning for how the county will manage the incremental property taxes the county will collect as a result of expansion.

The following model is very conservative considering the current higher rate of construction and increase in average sell price of new homes.

Estimate they're closer to 5,000 homes per year@ $350K+ sell price currently. At that rate, the county will collect over $100M in incremental tax revenue before the roads completed the next 5 years
This is a difficult question for the current commissioners…………this would require future planning.
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