Quote:
Originally Posted by Bonanza
I agree with your opinion that the Daily Sun is not a newspaper. It closely mimics many other things within our community. There is a sameness or almost cult-like look to TV that is apparent once you have been here for any length of time. No one questiones it and most people give TV accolades one after another. The repetition of the circles, the impeccable manicured grounds, the cookie-cutter look of the houses, the same landscaping regardless of the model home (don 't come home drunk), the piped in Fox News radio throughout each square. All these things are apparent and well planned.
Thankfully, the look has not only attracted Stepford Wives, but some really, really nice people!
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TV also attracts people who've never built anything in their lives and didn't risk everything to invest in a business that is solvent and increases local tax base on unused pasture lands to hundreds of millions of dollars per year on into the future.
There are lots of nice mobile home parks around FL where TV haters can go and live cheaper and complain about TV from there.
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The Villages of Fruitland Park will generate “target” revenues that total more than $1.1 billion in a one-year sales spree that seasoned developers say is likely unmatched anywhere in the world. And that would mean a huge inflow of cash for a revenue-strapped city that hasn’t given its police officers a raise in five years.
How much cash?
Michael Prestridge, Chief Deputy in Lake County Property Appraiser Carey Baker’s office, said a safe estimate of assessed value on new homes is somewhere in the range of 85 percent to 90 percent of the sale price.
That’s around $850 million of new taxable value in Fruitland Park. Homestead Exemptions could reduce that amount to around $750 million.
Last week commissioners set the city’s tax millage at the rollback rate of 4.7371 per $1,000 of assessed value, which means new property tax revenues from the Villages of Fruitland Park could total more than $3.5 million per year.
This year property taxes will generate about $730,000 for Fruitland Park’s General Revenue Fund, which pays for ongoing services such as police and fire protection, street maintenance and the library.
The city’s total assessed value is $158 million—that’s less than last year, according to City Manager Rick Conner. The city’s 2014 budget is just over $5.5 million."
http://www.**************.com/villag...ruitland-park/
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