Talk of The Villages Florida - View Single Post - Done with the POA!
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Old 08-25-2022, 01:08 PM
Bill14564 Bill14564 is offline
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Quote:
Originally Posted by quietpine View Post
The tax increase actually resulted in something you can see (development south of SR 44 and something you can take to the bank, increased property values north of SR 44. Without new development this place would begin to die on the vine and our property values would go flat then fall. Even if the infrastructure cost burden was shifted to the multiple commercial enterprises in Sumter County the long term effect of growth would be more cost for government. Growth doesn’t pay for itself.
Speculation at best. Home prices were rising when I purchased even though the development South of 44 was drawing buyers away from pre-owned sales.

Without new development we would live in a roughly 20 square mile retirement community with dozens of golf course, pools, and recreation centers and three town squares with shopping and dining options. The Villages was the place to buy even when it was understood that development would stop at 44. Far from dying on the vine.

I'm not sure anyone understands what the tax increase went towards. $25M per year seems like a lot of money to purchase one-time improvements to county roads made necessary by the new development.
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