Tell me is isn't true

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  #31  
Old 07-26-2019, 08:34 AM
Marathon Man Marathon Man is offline
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Originally Posted by Chellybean View Post
UNDERSTOOD! However the bonds where hefty and that is to pay the infrastructure which is everything you stated. Where did that money go, Local Government is to fat at the top! JMHO
It went into building the infrastructure. Would like to have it maintained now?
  #32  
Old 07-26-2019, 10:08 AM
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Velvet Velvet is offline
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I think we are talking about annual maintenance, from the district site:
“Remember: Even if you pay off your bond assessment, there will continue to be an annual maintenance assessment that pays for the ongoing costs of maintaining the infrastructure.”
  #33  
Old 07-26-2019, 12:20 PM
Altavia Altavia is offline
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Originally Posted by Velvet View Post
The problem is... that we are supposed to subsidize them? If they can’t afford to pay their own way why come here in the first place?
I see your point. But it works both ways. Possibly the increased tax funding from the growth areas are the reason taxes have not been raised in years. So in a sense expansion has filled the gap as expenses has increased across all areas over time.

Expansion has also helped raised everyone's property values with newer homes paying more in taxes. Effectively subsidizing the older areas.
  #34  
Old 07-26-2019, 12:52 PM
Villageswimmer Villageswimmer is offline
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Originally Posted by Bogie Shooter View Post
Maybe you can find your answer here.
Sumter County, FL - Official Website | Official Website

Thanks but I did search and found nothing.

I’d also like to know the source of the “$341 increase for the average homeowner.” I’d like to see the math.

Seems like all we have on this thread is speculation and knee jerk reactions.

No offense intended but if someone has substantiated facts, please post.
  #35  
Old 07-26-2019, 12:59 PM
pacjag pacjag is offline
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Originally Posted by Villageswimmer View Post
Thanks but I did search and found nothing.

I’d also like to know the source of the “$341 increase for the average homeowner.” I’d like to see the math.

Seems like all we have on this thread is speculation and knee jerk reactions.

No offense intended but if someone has substantiated facts, please post.
See paragraph 5.

Capacity crowd rails against tax hike before Sumter Commission - **************: News, events, classifieds in The Villages, FL

Last edited by pacjag; 07-26-2019 at 01:11 PM. Reason: URL was truncated and corrupted
  #36  
Old 07-26-2019, 01:03 PM
Altavia Altavia is offline
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Unbridled growth of The Villages to blame for proposed 24-percent tax increase
By Villages News Editorial - July 24, 2019
...

Which brings us back to the 24-percent tax increase – about $341 per year for the average Villages homeowner in Sumter County. At Tuesday’s meeting, Arnold explained to the agitated crowd that while the county’s rapid growth provides more money in property taxes, revenue increases often lag behind infrastructure expenses


$341 does not make sense, need to see the math.

(Anyone know how to paste functional links to the Villages News?)

Last edited by Altavia; 07-26-2019 at 01:17 PM.
  #37  
Old 07-26-2019, 01:14 PM
pacjag pacjag is offline
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Originally Posted by Robbie0723 View Post
(Anyone know know how to past functional links to the Villages Mews?)
Use the TinyURL web page.
  #38  
Old 07-26-2019, 02:33 PM
bagboy bagboy is offline
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Originally Posted by Robbie0723 View Post
Unbridled growth of The Villages to blame for proposed 24-percent tax increase
By Villages News Editorial - July 24, 2019
...

Which brings us back to the 24-percent tax increase – about $341 per year for the average Villages homeowner in Sumter County. At Tuesday’s meeting, Arnold explained to the agitated crowd that while the county’s rapid growth provides more money in property taxes, revenue increases often lag behind infrastructure expenses


$341 does not make sense, need to see the math.

(Anyone know how to paste functional links to the Villages News?)

^^^
  #39  
Old 07-26-2019, 03:38 PM
pacjag pacjag is offline
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Originally Posted by Robbie0723 View Post

$341 does not make sense, need to see the math.
From the link I posted above:

“That rate is $1.67 above the rolled back rate of $5.03, which is the rate needed to collect the same amount of revenue as the previous year. The owner of a $300,000 home with a $50,000 Florida homestead credit would pay $1,675 in county property taxes next year, an increase of $340.88”
  #40  
Old 07-26-2019, 07:15 PM
Altavia Altavia is offline
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Originally Posted by pacjag View Post
From the link I posted above:

“That rate is $1.67 above the rolled back rate of $5.03, which is the rate needed to collect the same amount of revenue as the previous year. The owner of a $300,000 home with a $50,000 Florida homestead credit would pay $1,675 in county property taxes next year, an increase of $340.88”
Thanks, I get it now...

Awful lot of drama over less than $1 per day.
  #41  
Old 07-26-2019, 07:17 PM
Altavia Altavia is offline
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Originally Posted by pacjag View Post
Use the TinyURL web page.
Thanks, very helpful!
  #42  
Old 07-26-2019, 07:45 PM
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Velvet Velvet is offline
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Quote:
Originally Posted by Robbie0723 View Post
I see your point. But it works both ways. Possibly the increased tax funding from the growth areas are the reason taxes have not been raised in years. So in a sense expansion has filled the gap as expenses has increased across all areas over time.

Expansion has also helped raised everyone's property values with newer homes paying more in taxes. Effectively subsidizing the older areas.
Actually many of the resale houses are more expensive than the new. Mine would have been cheaper if I had bought it new or had it built. I chose it because of the location (close to Barnes and Noble).

Last edited by Velvet; 07-26-2019 at 08:04 PM.
  #43  
Old 07-28-2019, 11:39 AM
Fast Freddy Fast Freddy is offline
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I think that the 25% is probably a negotiation tool, you know, they want to raise taxes by 5%, maybe 10%. When it is announced that it is “only going to be...” everyone will clap and sigh with relief... what a game.
=====================

Exactly, everyone will jump up and down when the Commissioners decide on 7.5 % and all will agree with their salary increase because they now became 'the good guys!'
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