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Old 10-18-2007, 08:50 AM
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Default Property Taxes in Sumter County

I'm wondering if someone could give me information on property taxes. I called the tax office in Sumter County and spoke with a young lady who just couldn't answer all my questions. She said that taxes are based on assessed value times a mill rate of 13.5843%. When I said that I understood that property taxes were based on the purchase price of a home, she said no. I asked what percent of the fair market value the assessed value was, she didn't know. The Villages real estate agent told me 1% of purchase price, but I've heard others say it's closer to 2%. Does anyone out there know for sure? Thanks for any info!
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