Tavares, FL - Lake County, FL - Monday, Nov. 26, 2012 After taking a 3-week period to recover from the election results, we are back at it! Your taxes could be raised next year if the Lake County Board decides to continue waiving local Impact Fees on new construction. By waiving the impact fees, the Board is giving up tax revenues that will need to be provided by another source, like property taxes, sales taxes, etc. The Lake County Board and the Lake County School District Board are in the process of deciding whether to renew suspension of impact fees for County transportation (roads) and Schools on new construction of homes and commercial buildings. If you read about or see Lake County (not city) roads being overcrowded, or schools not being able to buy new buildings, computers or school buses, one reason is that impact fees for them were waived by the County Board the last 2-3 years. The resulting County & School Board impact fee decisions in the next 1-2 months could re-enact transportation and school impact fees on new construction waived by the Lake County Board for the last 2 years. The homebuilders and commercial construction firms don't... Read more →
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