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I suggest you Google "Sumter County Florida road impact fees" and study the current impact fees for every category of construction; there are around 80 categories. All are at 40% of the max allowed. As I understand if you increase the impact fee for one category of construction, the rate of increase has to also be applied to all categories of construction. The developer was suggesting he would voluntarily pay an extra 40% of his current fee. He was not suggesting the commissioners raise his rate by 40% because the same percent increase would have to be applied to all the other categories also. He was willing to pay a little more than required under the currently established rate as long as the rate did not have to be increased on all categories of construction. I don't know if one can make an accurate claim that 40% of the max rate allowed only covers 40% of the actual impact costs. |
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But you make an excellent point. All monies come from the end user. It's like people that don't understand that corporations don't actually pay taxes. They simply collect the money from their customers and pass it on to the government. |
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As for whether "40% of the max rate allowed only covers 40% of the actual impact costs," I made an assumption that might not be true. I assume the 2019 study gave the estimated impact costs for the different types of structures and that the impact fee schedule was created from that. It isn't like the study generated a number and the Commissioners then added a fudge factor when generating the fee schedule. So there would be no "max rate allowed," it would instead be the actual impact costs as determined by the study. It would not be 40% of the max rate allowed but instead would be 40% of the actual impact costs. |
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It does seem ODD that the Sun/Developer did not go nuts 2-3 years ago over the increase in RE taxes WE had.
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The Lie
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I looked out the window during this mornings rainstorm and noticed my neighbors home (approx $350,000.00+) does not have gutters. That cost would have most likely added $1,000 or so to the cost of the home. Then remembered the sales pitch of the subdivisions that surround TV. Their cost is expressed as being 50 to 60% of a similar home in TV. Perhaps the developer has a gold mine and I have no issue with that, however perhaps some of the costs of that home such as infrastructure are being passed along through taxes (which go on forever) to others rather than included in the(one time) cost of the home. If that is correct the developer has a choice, raise the selling price, or reduce their markup. Impact fees should be paid by the developer, and then added to the developers cost of the individual homes.
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