
07-20-2023, 06:32 PM
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Sage
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Join Date: Jun 2019
Posts: 4,588
Thanks: 1,935
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Quote:
Originally Posted by Bill14564
Yep, I read that wrong. Tax base and your 4,000 homes makes sense (I will correct my post shortly)
The proposed property tax rate for Sumter County in 2023-2024 is 5.194 mils. A home with a taxable value of $385K will pay $2,000 in property taxes. (If the home will be in one of the incorporated areas (likely) then the effective rate and taxes paid will be higher. I had to start somewhere) Even without my exemptions I would have paid less than $2,000 in property tax last year.
Don't confuse property taxes with the bottom line on the annual bill. The bottom line includes Sumter County property taxes plus other taxes and fees including school taxes, maintenance fees, fire protection fees, bond payment for some, and a water management district fee.
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Thanks, I was thinking total Ad Valorem Tax which for those who are not aware, is roughly double property tax.
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