[Aw Man]

Originally Posted by Two Bills

I feel sorry for the county residents outside TV.
Bet they are ecstatic at paying towards all the expansion

The current “increased” property tax millage rate for ALL residents of Sumter County is substantially less than it was 20 years ago!

It’s 33% less than the tax rate they paid 20 years ago!

Why would they be upset?

Why would you feel sorry for them?

[Challenger]

Originally Posted by crash

I don’t care if the Morse family makes money but why should the tax payers subsidize them. There would be no development if there were no roads built so the developer should pay for that.

In most areas the developer pays for the infrastructure (roads) by developer fees these run about $20,000 per home. The Morse’s pay $900.

The entire counties taxes went up because now the tax payers are paying for this cost instead of the developer. This cost is usually built into the price of the home.

All costs are part of the consideration for the home. Consideration = price paid+ any other liens against the property . If there were no bond program , the developer would have paid out of pocket or with a construction loan and the outcome would be the same.All costs are passed through to the buyer through one mechanism or the other. Any increase in "impact fees will' by definition be passed through to the buyer. Ergo a higher price. I have no quarrel with higher impact fees, but the final result will still be that the buyer pays.

[Two Bills]

Originally Posted by Aw Man

The current “increased” property tax millage rate for ALL residents of Sumter County is substantially less than it was 20 years ago!

It’s 33% less than the tax rate they paid 20 years ago!

Why would they be upset?

Why would you feel sorry for them?

They are paying towards something that is of no benefit to them, and I bet none of them wanted, and the current increase is 25%.
20 years ago is irrelevant.

[Marathon Man]

Originally Posted by Two Bills

They are paying towards something that is of no benefit to them, and I bet none of them wanted, and the current increase is 25%.
20 years ago is irrelevant.

A lot of folks living in the area have jobs because of TV. Expansion creates jobs.

[golfing eagles]

"If they could, they would raise their prices before the cost increases."

You mean like gas stations?

[golfing eagles]

Originally Posted by Two Bills

They are paying towards something that is of no benefit to them, and I bet none of them wanted, and the current increase is 25%.
20 years ago is irrelevant.

Jobs. Expanded tax base. Retail stores in their own backyard. Yep, no benefit

[Love2Swim]

Originally Posted by golfing eagles

Jobs. Expanded tax base. Retail stores in their own backyard. Yep, no benefit

Go to the Leesburg FB page and see how many of them are thrilled with all the expansion, and with The Villages.

[Polar Bear]

Originally Posted by Love2Swim

Go to the Leesburg FB page and see how many of them are thrilled with all the expansion, and with The Villages.

Oooh. FB page. Guess that settles that.

[JoMar]

Originally Posted by tophcfa

Act independently and objectively and look out for the best interest of the counties taxpayers.

And that include ongoing increases.

[thomp679]

Originally Posted by graciegirl

I do not agree with your post.

Many on this thread have agreed with me and many are trustworthy and long term posters who have excellent antennae, and better yet, common sense.

Well why didn't you say so earlier. I can now go to bed knowing the OP is wrong and all is well in The Villages.

[tophcfa]

Originally Posted by Challenger

All costs are part of the consideration for the home. Consideration = price paid+ any other liens against the property . If there were no bond program , the developer would have paid out of pocket or with a construction loan and the outcome would be the same.All costs are passed through to the buyer through one mechanism or the other. Any increase in "impact fees will' by definition be passed through to the buyer. Ergo a higher price. I have no quarrel with higher impact fees, but the final result will still be that the buyer pays.

The problem is that the prices are not being passed on to the buyers of new homes, the problem is that the costs of expansion are being passed on to existing homeowners.

[dewilson58]

How much of the Budget Increase is actually going to road improvements for the Southern Oaks area???




Let's get the dollar amount out there.

[dewilson58]

Originally Posted by neilbcox

You may not know but here are a few facts that will disgust you!

OP.........What IS the dollar increase in the county expenditures for the Southern Oaks area??


What are the facts??

[skip0358]

OK I been reading these posts since they started. I've posted before on the topic. I just pulled up my tax bill since 2009 when we moved here. My taxed with the increase this year are still $51 dollars less then my first years tax bill. Yea I know it's an increase big whop $213 dollars more than my lowest year of 2016 and $213 dollars more than last year. Stop with the 25% increase that would have been $610 dollars then I have something to complain about. Every year more & more things are being added & upgraded that's why we moved here period. A tax increase which is costing me 1 beer a week out more is not an increase period. Yea maybe certain people have been in office to long that's what elections are for but I think and I know I'm going to get beat on for saying this it's a hell of a lot better & 100 times cheaper.

[Village Silver Girl]

We were told that The Village developer bought Rainey Constuction.... either way it’s wrong.... the county roads in Sumter county are in horrible conditions and the taxes just increased but the money will be going to make The Village developer even more money... just wrong! Vote them out!