What are impact fees??
 

There is an article in today's paper about impact taxes going up 150%. I have never heard the term before but I did some research and they appear to be an assessment for infrastructure.

Southern residents voice concerns about tax increase | In Today's Daily Sun | The Villages Daily Sun | thevillagesdailysun.com

Are they the same as the bond? According to the following article, the impact fee for a 1,400–1,999-square-foot home in Palm Beach County is $12,469.43

How impact fees work in Florida and what changes under the new law | Palm Beach Roofing Press

However, I also read that a law that was passed this summer limits impact fees. As of June 4, 2021, jurisdictions can only increase impact fees once every four years in the following manner: Increases between 25 to 50 percent must be spread over four years, while smaller increases would be implemented in two equal installments.

If that is the case, how can Sumter be increasing them by up to 150%??

////// had to cancel. Don’t want anymore demirits!

What are impact fees??

Well, they are NOT something that requires the same post in triplicate

Oops, now it's quadruplicate:1rotfl::1rotfl::1rotfl:

Go to the top of this page, click on SEARCH, enter Impcat fees and read lots of previous posts.

:1rotfl:

Think you meant demerits.

Interesting. Will have to wait for the BOCC minutes to be posted to see if this is a new proposal or if the paper is regurgitating old information that has already been OBE.

Nothing is new. Everyone wants but have creative ideas why someone, anyone but them should pay. It has always been and always will be so.

Impcats are running free on the streets. They're small but don't feed them as they multiply quickly.

I’ll give you two answers. They are fees necessary to pay for infrastructure that is required because of new development. They are fees that create great divide regarding who should rightfully be required to pay them.

I believe this article was published in the Daily Sun in 2020, not 2021 as noted at the top of the article. It absolutely doesn't appear in the printed versions of the DS on Dec 16 or 17.

Seems the Sun has started pushing candidates for the Sumter County Board. This Billardello guy has trying to get his name out there, but he appears to be the developer's guy in the story.

Here we go…….:popcorn:


The bait is tossed out.

Agree.................The Bait is out.

Tink has a great suggestion.

The OP could go to the County for a complete understanding.

Otherwise :popcorn:

Does anyone know anything about reverse mortgages?

I think it was mentioned on the “Gate Strikes “ thread.:ho: