Quote:
Originally Posted by Bill14564
As I wrote, the County effectively contracted with an outside firm to have the work done. That outside firm was the Villages. Others may choose to analyze whether the pricing was competitive.
Is that some industry standard, do you have a source, or is it just a CBS estimate?
And has for quite some time now. The table is dated 2020 but I suspect the amounts have been the same since before then.
Note that the current increase of about 10% is the first of four increases. I haven't read the report yet but it could be that a 40% increase was defensible and was divided to four equal increases to abide by the State law that was passed the last time an increase was proposed.
What math paradigm? But in any case, the existing homeowners who will see less of a tax burden from future developments, the new purchasers who will still only see a minor increase on a $400K home, the Developer who might decide they can eat a $120 fee and still sell homes at a profit, and likely others will all benefit from this.
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I guess I should have stipulated that home buyers pay the 40-50k per home as a bond payment for infrastructure all the while Sumter County also pays the developer for the roads.
The average terminology of course is because bonds vary by neighborhood. But yes, it’s is near impossible to find a lower bond from new home construction.