Talk of The Villages Florida - View Single Post - Maintenance Assessment Increases - live discussion 3:00 PM Sunday
View Single Post
 
Old 08-17-2024, 09:53 AM
Shipping up to Boston Shipping up to Boston is offline
Platinum member
Join Date: Feb 2024
Location: South Harmon Institute of Technology
Posts: 1,972
Thanks: 2
Thanked 925 Times in 561 Posts
Default

Quote:
Originally Posted by Bill14564 View Post
Millage rate may be at its lowest ever but you and I will be paying the same amount in property tax this year as we did last year. The rate is lower due to increased property values and additional homes, not because the BoCC lowered its spending.

The amount collected in property tax this year is projected to be $2M more than last year. At the same time, because of the new VPSDDD the county will spend $7M less than last year on fire protection. Decrease spending by $7M, increase income by $2M, and then advertise the rolled-back rate as a reduction even though you and I will be paying nearly the same amount. That does deserve some recognition.

The VPSDDD deserves recognition too for throwing around the 1.31mills reduction number when in reality the number was 0.32mills (which we aren't getting) but this is a topic for a different thread.
Fair points.
Municipal math and finance will always be great fodder...and sport!