Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Property Tax Vote
Wondering how the voting went on the Property Tax issue ?
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Ocala, Florida<br />Birmingham, Alabama<br />TV, Village of Duval |
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#2
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Re: Property Tax Vote
It passed by 70+%. 60% was required.
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Chicago, Cary, and Champaign, IL Winchester, IN Lancaster, OH Tampa, FL |
#3
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64% For and 36% Against With About 85% Of The Precincts Counted
It passed.
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Politicians are like diapers--they should be changed frequently, and for the same reason. |
#4
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Re: Property Tax Vote
What does it mean to homeowners in TV and when will it take affect?
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#5
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Re: Property Tax Vote
Is this a good thing?
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Tewksbury, MA<br />Naperville, IL<br />The Villages |
#6
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Re: Property Tax Vote
Nanci, I think it's one of those things that looks good on paper but will ultimately cost the residents of Florida in less public services and repairs. It will lower property taxes, which, in the short term is good. Who knows what will happen over the long run for towns, cities and counties with regard to getting funds for police, fire, public works but my gut feeling is nothing good. I hope I'm wrong.
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Army/embassy brat - traveled too much to mention Moved here from SF Bay Area (East Bay) "There are only two ways to live your life: One is as though nothing is a miracle; the other is as though everything is a miracle." Albert Einstein |
#7
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Re: Property Tax Vote
It won't lower property taxes at all. Sure you get double the exemption but the counties will have to increase the millage rate to recoup the lost tax base. In the long run all property taxes should stay about the same; just changes who pays more or less than before.
What it really does is shift the tax burden. The winners are those that move often (they can take their SOFH savings with them) and businesses since their personal property tax will be reduced. Thus it has the tendancy to reduce taxes on young families and businesses at the expense of the residents especially retirees who stay put. So folks, in about two years you'll be saying: "Hey I thought this was suppose to lower our tax, not raise it!" |
#8
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Re: Property Tax Vote
Quote:
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No previous place matters anymore TV's Spanish Springs Villas 6.30.08 |
#9
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Re: Property Tax Vote
What about people moving into the state. They will have to pay higher taxes ?
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#10
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Re: Property Tax Vote
Quote:
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No previous place matters anymore TV's Spanish Springs Villas 6.30.08 |
#11
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Re: Property Tax Vote
Imho* I feel people alot of people will not want to move into Fl if there to pay more than others. Just like the ones leaving now they won't be comming.
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#12
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Re: Property Tax Vote
Trying to understand the passing of Property Vote yesterday.
Were not living in TV as of yet. In Feb. will be our 5th trip to again look. I'm surprised it took all these years to finally raise the Honestead Exemption to $50,000. I lived in S/E Florida back in the early 60,s. Was great when you could buy a house for $19,990 and had a $25,000 exemption. Yesterdays voting that passed will help everyone who owns and is a resident of Florida. Think I had read an additional average savings of perhaps $240.00 per resident owner. Guess time will tell the tale. See you all in 23 days. |
#13
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Re: Property Tax Vote
Villages Kahuna, I know this subject has been discussed earlier on TOTV but I expected you to be more specific now that it's passed. How will this change affect people in TV who maybe haven't been long-term Florida residents but are moving to TV for the first time from another state?
George |
#14
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Re: Property Tax Vote
For those in Sumter County where the tax rate is $5 and change----round it to $6---the additional tax savings is $150 at most. Guess Sumter County residents are less than "Average". Builders and real estate companies are celebrating as it will help them sell more homes. More people in TV have moved from elsewhere in FL than from any other state----portability rules!
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#15
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Re: Property Tax Vote
Quote:
In Marion County the Amendment 1 savings will be exactly $179.15 per year and in Sumter County it will be exactly $151.40 per year. Pretty big deal, heh? Skip |
Closed Thread |
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