Remember, the impact fees affect new construction; they should not affect existing structures. The restaurants, retailers, grocery stores, hospitals, and clinics I go to all exist and will not be paying any increased impact fees.

Of course, any expansion of these into new structures would be affected by higher fees.

Also, a large amount of new home construction without additional grocery stores means my store will become more crowded. On the other hand, a large amount of new home construction will be a huge draw for new businesses.

Yes Dear, but you are comparing Apples & Cheeseburgers.
Your $60mil will take about 15 to 20 years.
By then, other expenses and inflation will eat up the 25%.
Temporary it won't be.

I live off 466A and I assure you my quality of life is diminishing because of all the development happening in Wildwood, and my taxes were increased 25% to have my quality of life diminished.

Do you work for the Developer or one of his suppliers?

This is a regurgitation of the BS being spewed by the Developer through his newspaper (and through his suppliers when he had them pack the last County Commission meeting, keeping out the public by filling up the parking lot with their heavy equipment). It is BS that was rejected by voters in the last election by a 2 to 1 margin when they elected the EMS Team (Estep, Miller, and Search)--tossing out three of the Developer's five puppet Commissioners in an effort to clean up the cesspool that was the County Commission.

Unfortunately, for reasons that are not clear, the E member of the EMS team is not fulfilling his campaign promise to roll back the 25% property tax increase and compensate for the lost revenue by requiring the Developer to pay for his own county infrastructure. He is handing the Developer millions of dollars, at taxpayer expense, just by delaying even consideration of reasonable impact fees. If reasonable impact fees are never implemented, he will be handing the Developer hundreds of millions of dollars at taxpayer expense.

Kudos to Commissioners Gary Search and Oren Miller for keeping their promise to the voters.

Commissioner Estep owes us an explanation and an apology. He needs to change his mind, fulfill his campaign promise, and vote to immediately proceed with our tax cut and implementation of reasonable impact fees to pay for the tax cut. To put impact fees in perspective, thanks to his Commission puppets, the Developer is only paying 5% of what he would pay in Collier County. We are making up the difference!

How does 60 million PER YEAR take 15-20 years to cover a 50 million debt????? Common care math?????:1rotfl::1rotfl::1rotfl:

And if the previous poster is correct about 60,000 new homes, that's approx. 180 million PER YEAR, so the 25% tax hike could be rolled back in 4 months

Apples & Oranges.
1/2 of Collier is for Schools.
Collier has dollars for parks, etc., which do not apply to TV.
:ho:

And if "we" weren't, "we" still would be paying in higher new home prices. "The developer" is never going to eat those impact fees.

What do you think? That a developer in Collier County pays $2300/home impact fee and just takes it out of his profit???? Or is the average home cost $2300 more than it would have otherwise? Get real, "the developer" is not greedy, or evil, just a business entity and a successful one at that, which probably leads to jealousy and the concept that he should pay more because he is "rich". Go out and earn 1 billion yourself and you can pay whatever you want in unnecessary taxes and fees

I have read all 6 pages of comments. This is the first house I have ever purchased with a bond. I did not see one comment about the bond. For fear of sounding stupid (some people can be mean) what is my $30,000.00 bond paying for?

Look at page A8 in today’s paper. Headline reads, “Villages Experiencing Boom in New Businesses.” Even in a pandemic TV continues to be the fastest growing adult community for the last 11 years. Do you think that a $1500 increase in the price of a new home is going to stop people from buying a new home in TV? Yes, that’s the increase the developer will pass on to all new home buyers. And businesses want to be where the population is growing. Current businesses will actually benefit from the impact fee increase since they will get the same tax 25% roll back as homeowners will get. And, since these businesses are already in existence, they will not have to pay any impact fee since that was paid when their office, factory, etc. was built years ago. Let’s stop the gloom and doom talk and just “do what is right.” Impact fees are a one time charge; tax increases are paid every single year when you pay your taxes, unless the increase is rolled back. People, use your common sense.

The 60K homes is correct but there appears to be a little problem with your numbers. You previously mentioned $3000 per home (for taxes). That is probably not a bad number but 1/2 of that is the school tax. The Villages builds about 2200 homes per year so the incremental county tax revenue is about $3+ million per year, if they continue at that same pace.

Where did you get the $1500 number from?

Do a search on Goldwingnut. I believe he has some posts where he goes into detail on which infrastructure is funded by the bonds.

Point conceded. So 3 million year 1, 6 million year 2 = 9 million first 2 years, 18 million for 3 years, 30 million for 4 years, 45 million in 5 years.

So it might take 5 years to pay back the 50 million in original infrastructure expense, but after that it's all gravy to Sumter County residents

I'm sure there are some here who think "the developer' should just write a check for 50 million to the county, well.........:1rotfl::1rotfl::1rotfl::1rotfl::1rot fl::1rotfl::1rotfl::1rotfl:

Infrastructure of your village.
If you want to do a little research......do a search on this site. Or go to Village Community Development Districts.

End corporate welfare
 

It looks like the Developer is trying to undermine the will of the voters, after failing to do so during the election. It’s time to end this corporate welfare and let the market set the standard.