The UF hospital move a short distance to be in Lake County is a moot point. IF it ever actually gets built, as a non - profit entity they will apply for and get property tax exemption. So no real loss to Sumter county in terms of tax dollars and a gain for Sumter county in terms of less services needed to be provided long term. The short term loss would be the impact fees for construction, but they don’t cover all of the actual costs so now Lake County can cover that too!
|