Tax rates

[patfla06]

The millage rate in Sumter County is 11.5.
Pine Ridge and Pine Hills in Lake County millage rate 17.8.

I just found out that parts of Sumter, Alden Bungalows & Fenney area have an extra 4 millage rate that is for the City of Wildwood.
That makes their millage rate is 15.5.

Just something to consider when buying a home.

I was surprised by the extra 4 millage going to Wildwood.

[Wiotte]

This info should be placed into every Villages information packet for lifestyle people. How many lifestylers know that TV encompasses 3 counties and 3 cities. And if they did would they make the link that the tax rates would be of such disparity. An educated buyer will be a much happier owner if given the opportunity to this information WITHOUT needing to ask.
A 65% difference is in no way
insignificant, especially for retired people.


Sent from my iPhone using Tapatalk

[Kenswing]

Are those sales tax rates or something else?

[Gpsma]

This info should be placed into every Villages information packet for lifestyle people. How many lifestylers know that TV encompasses 3 counties and 3 cities. And if they did would they make the link that the tax rates would be of such disparity. An educated buyer will be a much happier owner if given the opportunity to this information WITHOUT needing to ask.
A 65% difference is in no way
insignificant, especially for retired people.


Sent from my iPhone using Tapatalk

Oh please! The developer isnt interested in anything besides parting you from your cash. They will disclose only what is legally necesssary.

[Wiotte]

Are those sales tax rates or something else?



Real property tax rate as a percentage of assessed valuation. Just move the decimal a couple of spaces.


Sent from my iPhone using Tapatalk

[Kenswing]

Real property tax rate as a percentage of assessed valuation. Just move the decimal a couple of spaces.


Sent from my iPhone using Tapatalk
Thanks.

[asianthree]

When our oldest looked in pine hills and fenney our rep told him the percentage and who you would be paying taxes too. Later at an open house with a random rep he asked about the taxes and was told there were the same everywhere in TV.

[patfla06]

So sorry!
I meant millage rate not %.

Duh!

I went back and fixed my error.

[patfla06]

Real property tax rate as a percentage of assessed valuation. Just move the decimal a couple of spaces.


Sent from my iPhone using Tapatalk

Thanks!
My mind was somewhere else tody. :(

[asianthree]

Prepare for you know what, lol


Sent from my iPhone using Tapatalk

You are right, but it does happen, some reps will tell you what they think you want to hear. He pushed back with all the numbers he had calculated for pine hills and ridge.
Rep told him the taxes were only $1400 for this 3000sf house with large birdcage and a pool. He smiles with that Ivy League education I helped pay for,and reminded her those taxes were on empty lot with just dirt. No reaction, no apology. Sometimes you get a person that is not forthcoming with all the truth.

[vintageogauge]

I asked what the taxes were going to be here in Fenney and received a truthful answer, about $400.00 per year per $100,000 in valuation for Wildwod. The new homes down here, comparing apples with apples, were priced so much lower than re-sales further north that it made the pill easier to swallow. I'm not sure but I think somewhere in a Marion county Village the taxes are even higher.

[tuccillo]

That is about 1/3 the actual rate. Who actually told you that?

I asked what the taxes were going to be here in Fenney and received a truthful answer, about $400.00 per year per $100,000 in valuation for Wildwod. The new homes down here, comparing apples with apples, were priced so much lower than re-sales further north that it made the pill easier to swallow. I'm not sure but I think somewhere in a Marion county Village the taxes are even higher.

[Wiotte]

That is about 1/3 the actual rate. Who actually told you that?



He’s talking about the Wildwood rate only.


Sent from my iPhone using Tapatalk

[tuccillo]

I am within Wildwood and my milage is 11.5251. I am not sure I understand.

He’s talking about the Wildwood rate only.


Sent from my iPhone using Tapatalk

[Wiotte]

I am within Wildwood and my milage is 11.5251. I am not sure I understand.



That’s the Sumter rate only. That’s what I pay 11.5, you can’t be within the city taxing limit.
I just hope that vintageogauge doesn’t think his tax rate will be 4.0 total.


Sent from my iPhone using Tapatalk

[justjim]

Bond is significantly higher in the newer Villages too. Something to consider when comparing "new" to resale. Bottom line buyers should always due deligence when purchasing property.

[Wiotte]

Bond is significantly higher in the newer Villages too. Something to consider when comparing "new" to resale. Bottom line buyers should always due deligence when purchasing property.



It seems that due diligence pretty much goes out the window when it comes to this place. Blame it on the water, whatever. Thing is, it’s so easy to sell a house here, any mistakes made can be corrected rather quickly.


Sent from my iPhone using Tapatalk

[champion6]

Here are the numbers from actual 2017 tax bills for three locations in Sumter County. Bills can be viewed on the Sumter County website.

The Villages – District 8
Ad Velorem Taxes (millage rate)
Sumter County 5.5200
Sumter Co School Board 5.6920
SWFWMD 0.3131
TOTAL MILLAGE 11.5251

Non-Ad Velorem Assessments
Villages Fire District Per Parcel $124.00
Unit # Spec Asmt Maint Per Parcel $597.84
Unit # Spec Asmt Bond Per Parcel $xxx


The Villages – Alden Bungalows
Ad Velorem Taxes (millage rate)
Sumter County 5.5200
Sumter Co School Board 5.6920
City of Wildwood 4.0184
SWFWMD 0.3131
TOTAL MILLAGE 15.5435

Non-Ad Velorem Assessments
Villages Fire District Per Parcel $124.00
Unit # Spec Asmt Maint Per Parcel $411.12
Unit # Spec Asmt Bond Per Parcel $xxx


The Villages – Fenney
Ad Velorem Taxes (millage rate)
Sumter County 5.5200
Sumter Co School Board 5.6920
City of Wildwood 4.0184
SWFWMD 0.3131
TOTAL MILLAGE 15.5435

Non-Ad Velorem Assessments
Unit # Spec Asmt Maint Per Parcel $767.25
Unit # Spec Asmt Bond Per Parcel $xxx

[skip0358]

When we were in the looking stage 2008 I asked a lot of questions and did a lot of online research. The information is out there most of it online. Sat at the square one night talked to a very helpful man he was spot on with the info. Go online and check your taxes. If your thinking of moving you can find just about everything to do with property taxes online. Go on the the counties property tax page type in an address and up pops your info. The key words are DO YOUR HOMEWORK.

[Brandy4]

Does that mean that real estate taxes on a $300,000 home is $1200/year?

[tuccillo]

Just curious, do you know the numbers for Pine Hill/Ridge? Thanks.

Here are the numbers from actual 2017 tax bills for three locations in Sumter County. Bills can be viewed on the Sumter County website.

The Villages – District 8
Ad Velorem Taxes (millage rate)
Sumter County 5.5200
Sumter Co School Board 5.6920
SWFWMD 0.3131
TOTAL MILLAGE 11.5251

Non-Ad Velorem Assessments
Villages Fire District Per Parcel $124.00
Unit # Spec Asmt Maint Per Parcel $597.84
Unit # Spec Asmt Bond Per Parcel $xxx


The Villages – Alden Bungalows
Ad Velorem Taxes (millage rate)
Sumter County 5.5200
Sumter Co School Board 5.6920
City of Wildwood 4.0184
SWFWMD 0.3131
TOTAL MILLAGE 15.5435

Non-Ad Velorem Assessments
Villages Fire District Per Parcel $124.00
Unit # Spec Asmt Maint Per Parcel $411.12
Unit # Spec Asmt Bond Per Parcel $xxx


The Villages – Fenney
Ad Velorem Taxes (millage rate)
Sumter County 5.5200
Sumter Co School Board 5.6920
City of Wildwood 4.0184
SWFWMD 0.3131
TOTAL MILLAGE 15.5435

Non-Ad Velorem Assessments
Unit # Spec Asmt Maint Per Parcel $767.25
Unit # Spec Asmt Bond Per Parcel $xxx

[Rickster52]

My total Ad Valorem millage in Pine Ridge is 17.8504:$:...I filed for a homestead exemption as soon as I could.

[vintageogauge]

That’s the Sumter rate only. That’s what I pay 11.5, you can’t be within the city taxing limit.
I just hope that vintageogauge doesn’t think his tax rate will be 4.0 total.


Sent from my iPhone using Tapatalk

I do not, Our total rate is about 16 plus the maintenance. And that is what we were told.

[pauld315]

You are right, but it does happen, some reps will tell you what they think you want to hear. He pushed back with all the numbers he had calculated for pine hills and ridge.
Rep told him the taxes were only $1400 for this 3000sf house with large birdcage and a pool. He smiles with that Ivy League education I helped pay for,and reminded her those taxes were on empty lot with just dirt. No reaction, no apology. Sometimes you get a person that is not forthcoming with all the truth.

And sometimes, they really don't know and just give an answer instead of saying they don't know but they will find out for you.

[Packer Fan]

Oh please! The developer isnt interested in anything besides parting you from your cash. They will disclose only what is legally necesssary.

Why are you so negative? When I bought in TV my realtor went over the tax differences between Marion, Lake, and Sumter counties in Detail. There are so many people on this site that only have snarky comments. Give it up.

[dewilson58]

Why are you so negative? When I bought in TV my realtor went over the tax differences between Marion, Lake, and Sumter counties in Detail. There are so many people on this site that only have snarky comments. Give it up.

:BigApplause:

[dewilson58]

The thread is "Taxes Rates".............should be talk about personal income tax rates for a while???............Oh wait, that would definitely bring the trolls out from under the bridge.


:1rotfl:

[Viperguy]

Don't care. Compared to just about every other place, combined cost of living is way cheaper than most other places. Military career...lived in atleast 10 other states. Besides, they have to get all that welfare money from somewhere. Just me being cynical.