Quote:
Originally Posted by gpirate
....Disadvantages to present home owners: Your taxes will be going up as values continue to increase.
|
I might differ a bit with you on this one, at least on the reason for increased real estate taxes.
My taxes have declined each year that I've lived here, a condition that can't and won't continue. The reason is that real estate taxes are assessed in arrears and so long as The Villages continued to grow at a rapid rate, taxes were being collected on more homes than were the basis of the total assessed valuations which were the basis of the budget. As TV grew at a rate faster than increased spending voted by the county board and the school district, taxes declined. That won't continue as The Villages approaches build out.
But over the last 6-7 years I have observed a very conservative county board which has produced superb services without overspending. They have been very selective and very thoughtful regarding county spending. So while taxes are likely to increase as The Villages builds out, from what I've observed I'd be surprised if it was more than the rate of general inflation. I'd be willing to bet that this county board won't spend just because they are receiving more tax receipts resulting from escalating home values.