Earlier this fall, the Sumter County Board of Commissioners voted to increase the property taxes in Sumter County for the first time in 14 years. The millage rate is increasing by approximately 24% to $6.70 per $1,000 of assessed value. As an example, the owner of a home assessed at $200,000, after a $50,000 homestead exemption, would pay $1,675 next year in county property taxes, up $204.53 from this year.
The increase in property taxes was needed to help pay for much-needed services like road construction and maintenance as well as a fire protection for the rapidly increasing population of the county as a result of the explosive growth in The Village® Community. The county is currently resurfacing two significant roads in The Villages, Morse and Buena Vista Boulevards, as well as an almost 20 million dollar extension of Buena Vista that reaches to the Villages of Southern Oaks.
However, even with the substantial increase in taxes for the upcoming year, Sumter County property taxes are still some of the lowest in the state.