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?

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.

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.

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

You mean like gas stations?:1rotfl::1rotfl::1rotfl:

Jobs. Expanded tax base. Retail stores in their own backyard. Yep, no benefit:1rotfl::1rotfl::1rotfl:

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.

And that include ongoing increases.

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.

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.

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.








:read:

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


What are the facts??

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 developer owns Rainey Construction
 

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!

James Rainey owns Rainey Construction. Unless you believe what the POA tells you.

I'll believe the POA...over that 'other' group.

After all, they are the only group that is constantly looking out for us residents, even in the face of outright hatred/vitriol toward them, simply because they have the audacity...to pull back the curtain.

And on those occasions they get it wrong, unlike so many others...they have no compunction admitting they were wrong.

Unlike that other group, which is nothing more than a sock-puppet/mouthpiece...for Da Family.

But hey, although that other group has no interest whatsoever in protecting outrageous actions that are detrimental to us TV residents...they do at least temporarily loan out wheelchairs. :oops:

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




Does any one know what dollar amount they are complaining about???

Exactly. If the Developer could really succeed in passing on all the increased impact fees through higher prices (which anybody with any knowledge of economics or business would realize he could not), that would be fine. The costs of the new infrastructure would then be borne by the people who necessitated it, not by the existing residents-- who didn't want The Villages to expand in the first place.

Apparently you have never been in business. Increased costs cannot simply be passed on to customers. If a business could do that, it would raise its prices without any increase in costs and thereby increase its profits. But even if the Developer could pass on a higher impact fee entirely, that would be okay. The costs of the infrastructure would then be paid by the people who necessitated it, not by the existing residents, who didn't want the new The Villages sprawl in the first place.

Exactly, the issue here is the REASON for the tax increase, which is to put taxpayer money in the Developer's pocket by having taxpayers pay for infrastructure that should be paid for by the Developer via a reasonable impact fee. Some posters do not seem to understand that. Vote out Butler, Burgess, and Printz in the August Republican primary.

It also:
>increases pollution
>increases the likelihood of sinkholes
>creates congestion-- both people and traffic
>causes a shortage of service personnel
>jeopardizes our water supply
>kills any chances of major appreciation in our investment in our homes
>costs us a 25% tax increase.

Why oh why are you still here?

10 pages of posts with differing opinions (so what else is new?:1rotfl:)
It appears to me there is a group that objects to the tax increase to pay for new infrastructure on the basis that all homeowners are paying for something that only benefits some.
So the objection is that someone may be paying for something they don't use.

Well, where to start?

School taxes for couples who never had children
Cell phone surcharges to pay for those that don't pay their bill
Higher health insurance premiums to offset losses to hospitals by uninsured patients that don't pay their bills
Corporate tax subsidies for investing in Zimbabwe or Uzbekistan or putting up a sign that says save the whales or some other such nonsense
Food stamps
Welfare checks
Medicaid
And my new favorite: Some restaurants in California adding a surcharge to combat "climate change"

I could go on, but I think I've made my point

I am the OP. Cost is not known until the developers design the roads plus drainage contacts with Rainey Construction On a NO BID project. Then the developers will invoices Sumpter County plus a 3% management fees and includes draws throughout the process. Realize that construction cost in the 30 future is unknown!

The information I posted came directly from Sumpter County records including the 30 year county approved contract which was signed on July 10, 2018...before the commissioners held public meetings with the taxpayers!

Has anyone noticed that with 12 championship golf clubs above Hwy 44 that with additional 65,000 homes being developed south is Hwy 44 that all I have heard about is maybe ONE championship courses. The developers own the championship courses. I guess building thousands of more home makes more money than championship golf courses. No wonder the developers have raised the cost of playing their championship courses so that they can make room for the 65,000 home owners buying below Hwy 44.

I am NOT a fan of the POA. AT ALL.

No. This whole thread is about the Developer’s county commissioners offloading the Developer’s infrastructure costs onto the taxpayers, thereby giving a gift to the Developer of $150 million or so.

Your post:
2. The Sumter County Commissioners also voted for a 25% tax increase so that us the taxpayers will eat the cost for The Villages developers!


The 25% increase was to fund the approved County budget. How much of "The Villages developers" cost was in the County budget???


I'm interested in how much money you are talking about. Do you know??

And that is different from what I posted?----HOW????

Where did you get $150mil???

Education:
Golf is dying, many experts say. According to one study by the golf industry group Pellucid Corp., the number of regular golfers fell from 30 to 20.9 million between 2002 and 2016. ... Unless the golf industry can change its ways, the decline will mean a lot of empty greens across the country. Jun 8, 2018

I requested Sumter County provide me with the last five Villages developers invoiced expenses. I find it interesting that the Villages developers presented multimillion dollar invoices to the county for reimbursement the EXACT day, July 10, 2018, the commissioners approved their 30 year contract! If it smells like poop it must be poop on the taxpayers!

The $150 million figure is conservative. Only the Developer and his County Commissioners can give you the exact figure. In an October 19 article, the Orlando Sentinel cites a figure of $186 million just for roads. Thus, that number doesn't include libraries, fire and police stations and equipment, government buildings, sewage and water treatment plants, etc.--other infrastructure that other counties include in a developer's impact fee.

If you have a better figure, I would be glad to be educated.

I don’t see anything in the contract that this contract is counter active to the agreement! I think these charges should be billed back to the developers!

Orlando Sentinel Article on the Massive Tax Hike
 

https://www.google.com/url?sa=t&rct=...1ePfGE9wqFGMXU

Every Villager should read this.

The truth is revealed! Pay notice as the Village’s developers steal money from it re!
 

:bigbow:

Outstanding add to the conversation!

Lauren Ritchie.....need I say more?

That is true in urban areas, with a younger population, and further north where there is a limited golf season. Here in the Villages golf is thriving, but it is also getting ridiculously expensive and difficult to get favorable T-times during the winter season. Increasing the size of the Villages by roughly 2/3 and opening only one Championship course, sometime TBD, is seriously diluting one of the primary reasons many Villagers decided to make this place their retirement destination.