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Originally Posted by LuvtheVillages
The Developer builds terrific schools so that he can attract terrific employees. The schools are only open to children of employees, or businesses inside the Villages.
He built them with his own money. BUT the school district pays to lease the buildings. And, larger schools require more staff. Thus, the increase in the school tax.
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Quote:
Originally Posted by tophcfa
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.
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According to the school board budget documents available online, they are spending about $15M more this year than last year (a 16% increase). Of that $15M the charter schools will receive about $6M.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
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