Quote:
Originally Posted by Bill14564
Just because you don't understand it does not mean it is not fair.
Do the research - I found six (6) properties that will benefit from the $10M cap. Not hundreds, not dozens, just six and not all of them are owned by the Villages.
The rest of the 100 or so properties clearly owned by the Villages will have the same increase that you do. Well, not exactly the same: yours will be maybe $100. Theirs will range from $100 to at least $750.
AND FOR THE UMPTEENTH TIME: YOU ARE PAYING MUCH MORE THAN $124 TODAY!
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Ok, yes, six properties benefit from the cap today. As property values rise, how many will benefit from the cap 10 years from today? And why should there be any cap at all? What is the rationale?
And yes, I know we are paying more than $124 today. I would like to see that portion of the funding eliminated entirely, and the cost be fully put onto the millage rate tax, with NO cap. I think that would be more fair.