Talk of The Villages Florida - View Single Post - Sumter County Impact Fees Increase
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Old 11-22-2024, 01:52 PM
Bill14564 Bill14564 is offline
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Quote:
Originally Posted by golfing eagles View Post
Doesn't matter, that's built into the milage rate. The bottom line is I paid $226 real dollars less than in 2014
What is built into the millage rate? My understanding is all residents of Sumter county pay the same millage rate.

*Some* (many/most?) residents, those with the Homestead Exemption, have their taxable value reduced by the Save Our Homes (SOH) benefit. Great for them (I'm one of them). However, the millage rate that we are all subject to remains at a level such that without the discount we would pay about the same amount this year as we did after the recent increase. Other than the 1.4% reduction in the 21-22 budget, property taxes have not gone down since the 30% increase. The amount you pay is less because your state-mandated discount has gone up.
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