Bill14564
03-17-2022, 02:51 PM
Has anyone heard an explanation for why the VPSD will need twice as much funding if they become and independent district?
Today:
$124 per parcel plus 0.58 mil ($0.58/$1000 assessed value transferred from Sumter county to pay for the VPSD)
If the independent district is created:
"Simplified" assessment of $124 per parcel plus $0.75 per $1000 value (looks more complicated than before so unsure what is "simplified" about that)
PLUS
1.0 mil ($1.0/ $1000 assessed value)
Looking at the chart of sample comparisons, most properties will pay almost twice what they are paying now.
Has anyone heard an explanation for why the additional funding is needed?
It will be interesting to see if our Sumter County taxes will be reduced by the nearly 1.75 mil that we will be paying directly to the new district.
Note: To those who feel the need to be snarky, I will post what I am told after I call but for now I'm asking if any of the other users of ToTV have already heard the explanation.
Today:
$124 per parcel plus 0.58 mil ($0.58/$1000 assessed value transferred from Sumter county to pay for the VPSD)
If the independent district is created:
"Simplified" assessment of $124 per parcel plus $0.75 per $1000 value (looks more complicated than before so unsure what is "simplified" about that)
PLUS
1.0 mil ($1.0/ $1000 assessed value)
Looking at the chart of sample comparisons, most properties will pay almost twice what they are paying now.
Has anyone heard an explanation for why the additional funding is needed?
It will be interesting to see if our Sumter County taxes will be reduced by the nearly 1.75 mil that we will be paying directly to the new district.
Note: To those who feel the need to be snarky, I will post what I am told after I call but for now I'm asking if any of the other users of ToTV have already heard the explanation.