Quote:
Originally Posted by OrangeBlossomBaby
But none of those funds cover the cost of BUILDING the school. The Holding Company of the Villages, LLC chose to build the schools. They paid for the construction, architecture, layout, grounds, landscaping, etc. etc. The funding from the state and federal government covers the cost of educating the students after the building has already been built.
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The cost of building the school is an investment that will get paid back over time, most likely with a decent rate of return, by lease payments made on the facility’s. The money needed to make those lease payments represents the huge increase in Sumter county homeowners latest school tax assessment.