Real estate taxes
 

Our Sumter County taxable value went up about 8% and total taxes increased by $70.Except for the two villas on the end of the street,our interior villa has the highest taxable value on the street.$2,000 TO $3,000 higher than our neighbors.If we appeal,we could save maybe $35 in taxes.Not worth the hassle.

You just put it into total perspective
 

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You just put it all into total perspective. For those folks who have never lived on Long Island, N.Y. or in New Jersey, etc., etc........they have no idea what high property taxes are.

TV's seem similar to ours in Vermont, very low.

However, our relatives in the greater N.J./N.Y. metropolitan area would be saying "What's all the fuss about?" Unbelievably high taxes. However, their property values are also very very high, so they can move down with a huge profit. Most of us have paid our mortgages off while still in our 40's.........so wouldn't need a mortgage.......but taxes are a concern as one ages. Florida is a tax friendly state for seniors, in more way than one.

There is a procedure explained on the back of the notice you received.

Our Taxes increased $130--I am not really worried about the rate !! As others have stated --we were from LI NY --real estate taxes were 4 times what I am paying here ---my question is --With all this new construction and population growth --where is this tax money going ??? are we getting more or enhanced services ? I have not seen it . The bond takes care of all the infrastructure here in TV so there cant be additionl tax revene needed for that !!!

Except for the hiring of a few new Deputies to give tickets here in the Villages I have not seen any increase in services

"Market Value" of our home went up 4.4%. If no budget change is made, our ad-valorem property taxes will go up 2.3%. If the proposed budget change is made, our taxes will go up a couple of dollars more than that.

Bill :)

I hope the value is being stated as "assessed" not "market" value on the TRIM. Big difference there.

Some of the improvements listed in the proposed County budget:

The Villages Fire District will be adding six firefighter positions
The Sumter County Fire District will be adding one position
County public works will be adding three to their staff
Sheriffs office is adding ten deputy positions, four dispatchers and four office positions
Library systems will be outsourced and supposedly bring an increase of service

Those are some significant increases.

Mine went down by $1. Value of the property increased substantially but tax went down by $1. Yes, this is a great place.

Sorry to break the news that if you pay later than November you are paying a premium. What you pay in November is your Tax Bill.

That is really not the case. You can check any tax bill on line and see how the discount is applied --also see The Sumter County Tax Collector page
If your taxes are paid through a mortgage --they are paid during the early November period (at least through Citizens) --Pay Early !!


Real Estate & Tangible Taxes

AD VALOREM taxes based on value of real property are collected on an annual basis beginning on November 1st for the tax year January through December. The office of the Property Appraiser establishes the value of your property and the Board of County Commissioners and other levying bodies set the millage rates. Non ad valorem assessments are levied on a unit basis, rather than based on value.

Using these values and allowing for exemptions, the tax roll is completed by the Property Appraiser and he passes the certified tax roll to the Tax collector. The Tax Collector merges the non ad valorem assessments into the certified tax roll and mails the tax notice/receipt to the owner's last record of address, as it appears on the tax roll.

However it is the responsibility of each taxpayer to see that the taxes are paid and that a tax bill is received. In the cases where the property owner pays through an escrow account, the mortgage company, meeting criteria established by the Tax Collector, can request and be sent the tax bill, and the owner will receive a copy of the bill of information.

PAYMENT OF REAL ESTATE TAXES

Tax statements are mailed out by November 1st of each year with the following discounts in effect for early payment:
4% if paid in November
3% if paid in December
2% if paid in January
1% if paid in February

Or
The gross amount due in March

Taxes become delinquent April 1st of each year, at which time a 3% penalty is added to the bill. Advertising costs are also added before the tax certificate sale.

This is the same line of crap I got last year from the appraiser's office when I questioned them how a home purchased new at $350,000 is taxed at a lower value than a house purchased new at $215,000. "sorry sir, it's based on the model"! After researching over 100 homes in The Villages, I found that the percentage of assessed value to purchase price (new homes) ranged from 97.12% to 58.10%. That is a huge swing. The model should have no bearing. To be able to make assessments from behind a desk is magical. Just because the developer is raising prices on new homes at will doesn't necessarily mean that all of our homes have increased in value by that same percentage. My point to the appraiser this year will be: 1 - show me the legal means by which you can increase market values without physically touring the home and 2 - how can you justify the assessed value percentage versus the market value? Either the county is losing a tremendous amount of money or some of us are being overcharged. I am willing to pay my fair share to support whatever this county needs but only my fair share. Bring it on.

Our property taxes on our villa went up $98.00 but our market value went up 7 1/4 %. I phoned Sumter County Taxing Authority and it was explained to me that if we were full time residents in TV, our market value would have been capped at 3%. She also attributed the rise in market value due to a sales analysis based on number of homes sold ad what they ended up going for. I still look at properties of TV and this year seemed like pre-owned(s) were selling at a very brisk pace. Note too that if you feel that you received an inaccurate read, you can call Sumter County Taxing Authority at
(352) 569-6800. Always look to save a buck when you can.

We're in Chittenden County in VT and our taxes are HIGH

my taxes went up $700 and value went up over 10%????

Where is the property? The Villages? Lake, Marion or Sumter County? Which Village?

Thanks in advance for the additional information.

Xavier