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Originally Posted by Peazoup
Persistance pays off! In searching for a better understanding of the Sumter County tax structure, I came across Lyle Gant's website and the following: sell price x .85/1000 x mil rate. So, a home selling for $250,000 would be 250 x 85% = 212.5 x 13.5843 mil rate = $2,882.60 per year. With homestead, taxes would be $2,597.99 per year.
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thx for that info, PEA, considering that we are planning on spending in that figure. i was originally thinking 4,000 a year, going by the 2to 2.5 percent i was told. i hope your figures are correct, though, sounds better to me!!
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TV's Spanish Springs Villas 6.30.08