[LuvtheVillages]

Originally Posted by Rocksnap

As a RETIREMENT COMMUNITY, one would think property taxes would be lower in TV. Taking into account none of us have school age children. Wishful thinking I know.

On the contrary,
The Villages Charter Schools are some of the best in the state, with better facilities and better pay for the teachers and better programs.

They are part of the Sumter County School's budget. The School Board pays the Developer to lease the facilities, which he owns. I'm not sure about other sources of funding, but our property taxes are a major source.

It is to the advantage of all of us to have a well-educated population.
Also, having great schools helps attract a great work force to take care of us.
I am happy that our taxes support great schools.

[Bill14564]

Originally Posted by golfing eagles

Doesn't matter, that's built into the milage rate. The bottom line is I paid $226 real dollars less than in 2014

What is built into the millage rate? My understanding is all residents of Sumter county pay the same millage rate.

*Some* (many/most?) residents, those with the Homestead Exemption, have their taxable value reduced by the Save Our Homes (SOH) benefit. Great for them (I'm one of them). However, the millage rate that we are all subject to remains at a level such that without the discount we would pay about the same amount this year as we did after the recent increase. Other than the 1.4% reduction in the 21-22 budget, property taxes have not gone down since the 30% increase. The amount you pay is less because your state-mandated discount has gone up.

[Normal]

Originally Posted by golfing eagles

Which goes away as that undeveloped land is turned into thousands of tax paying homes and businesses. Our milage rate is actually lower than 10 years ago.

Millages may be lower, but the amount paid would be higher due to taxes of newly added or drawn municipal lines. Local taxes are additional now in The Villages south of 44. Much of the central section (except Fruitland Park) avoid those taxes.

Average homeowners south of 44 pay a city tax to either Wildwood or Leesburg which amounts to more than 100 dollars a month at about 1200 dollars a year. We happened to pay almost 1400 to Wildwood this year.

[dewilson58]

My mileage is impacted by how much weight I have in the car.