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Everglades Parking lot Filled with trucks
What was going on at Everglades last night. The entire parking lot was filled with huge dump trucks, cement mixers and cars.
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Increase Impact Fee and reverse 25% county real estate tax increase.
And how did that go??? = :1rotfl: |
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This thinking that "The Developer" makes all things evil happen gets a little silly at times. Here is another thing to think about. Sumter county is not just residents of The Villages. It would be extremely selfish of us to ignore the needs of the many working people who want to feed their families. |
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The article states developers are only required to pay 40% of the maximum impact fee allowed by law. Did that change when the 25% tax increase was put into place or has it always been that low. Very misleading headline implying that the Commissioners are considering a tax increase has already confused a number of people. |
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The reality of what will happen when development slows down is starting to sink in. If only everything was as simple as voters sometimes think it should be. We constantly complain about health care and empty stores, that COSTCO or TJ's (and others) won't build here yet we want to push higher costs on them by charging higher impact fees which are passed on which changes their business plan. When costs become too high, business will pass on by or leave, look at the States up north that are losing business to more friendly States. Make Sumter a non friendly business location and they will move on. Revenue vs Cost, always the decider.
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Don't conservative economists say "Cut taxes to spur growth?" |
If you raise taxes on something you get less of it. The construction workers know that if the impact fees are drastically raised there will be fewer houses, stores and restaurants built in Sumter County. Thus fewer jobs and lower pay for workers. I'm pleased that they are standing up for their jobs and their families.
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How much money are we talking about? We bought a home for $350,000.00. How much more does this 25% increase cost per year to fuel all of this new growth? Just moved here .
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Give the new commissioners a chance. The tax increase was totally unfair to ALL Sumter tax payers, this includes workers here & home owners in lower Sumter who are nowhere near The Villages & still had to pay the increase |
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- The increase in fees is much more than 25%. Currently a developer is assessed 40% of the maximum allowable impact fee. One proposal is to nearly double that to 75% and another is to go even further and raise it to the full 100%. - Inside The Villages (TV) the current assessment for a single-family home is about $950. Under the largest proposal, that assessment would go up to about $2,500. I could have paid another $1,600 for my home and not even noticed it. - The increased fees affect both those inside and outside TV. We are mostly all pretty fortunate inside TV; we are mostly retired and chose to move here knowing what the costs were. Not everyone outside TV can say that. - Outside TV the current assessment for a single-family home is about $2,500. Under the largest proposal, that assessment would go up to about $6,350. I probably would have noticed a $4,000 increase. - A fast-food restaurant is assessed something close to $29,000 per 1,000 square feet. A Chik-fil-A must be at least 2,000 square feet so it would be assessed at least $58,000. Under the largest proposal, that assessment would go up to about $145,000. I'm absolutely sure someone would notice that additional $85,000! (Source of numbers: Sumter County Road Impact Fee Schedule 10/1/2020) It would be easy to accept a $1,600 increase on my home but it's probably not so easy for someone outside TV to handle an additional $4,000 and it could be a deal-breaker to ask a fast-food restaurant to pay an additional $85,000 before the first $3 sandwich was sold. Is it right to view TV as a cash cow and ask everyone of the homeowners to pay $350/year to reduce the fees on new construction? That's one of the items the new Commissioners ran against so it appears that homeowners don't think so. if my current understanding of the situation is correct (the $85,000 increase) then we may find that it isn't possible to have our cake and eat it too. Someone who has studied this more may be able to provide better insight. |
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Welcome to TV!!!!! Couple more soundbites to chew on.........: The 25% increase in County taxes generated $50,000,000. The new County commissioners ran on, "Reverse the 25% increase & make TV pay thru increased Impact Fees" Doing the math: $50mil / 3,000 new homes = $16,000 increase/house So the campaign promise will create a new Impact Fee of ~$17,000 per new house constructed. And voters fell for this. :1rotfl: |
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Development
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The good ol boys will vote against their best interest every time. As we have seen
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Facts are better than a LITTLE common sense. :1rotfl: |
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For the last few years the millage rates have been: 5.5900 5.5200 5.3365 6.7000 (the increase of 25%) 6.4390 (a decrease of 4%) If you take 5.3365 as the starting point then the increase was 1.3635 per thousand dollars of assessed value. For a $350,000 home the increase would be $477 in additional taxes. |
I love voting people in to fix a problem and then for them to become the problem.
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