Last updated: June 1, 2019 In 2008, the IRS asked The Villages to pay back more than $400 million in loans it received through the use of tax free bonds issued between 1993 and 2004. These tax free bonds are more commonly referred to as CDD's...if you own my book you know what I'm talking ... Continue Reading » about The Villages IRS Audit: Timeline of Events
News
2019 Evening With the Developer
This week was the annual Evening With the Developer event, during which the developer provides his updates on what's going on in the community and what's to come. For the most part it was pretty standard "this community wouldn't be what it is without you, the residents" type fare, but there were ... Continue Reading » about 2019 Evening With the Developer
The Villages Population Crosses 125,000 Mark
After holding the top spot for fastest growing Metropolitan Statistical Area (MSA) for the last few years, The Villages dropped to 10th this year, according to the U.S. Census Bureau. Despite the drop in ranking, the community still grew 2.5%, putting it officially over the 125,000 person ... Continue Reading » about The Villages Population Crosses 125,000 Mark
Bloomberg Adds The Villages Developers to Billionaire’s List
Longtime developer of The Villages, Gary Morse, gave 1/3 stakes to each of his children before he passed away in 2014. According to Bloomberg, the family's wealth crossed the $3 billion mark in 2018, making Mark Morse, Jennifer Parr, and Tracy Mathews all billionaires. It's not uncommon for ... Continue Reading » about Bloomberg Adds The Villages Developers to Billionaire’s List
Village of Calumet Grove Sinkholes Startle Residents
I hate to say it, but sinkholes are back in the news. This week a handful of homeowners in the Village of Calumet Grove were startled by loud noises a few hours after midnight on Thursday. Here's video from the Ocala Star Banner: And here's a roundup of articles covering this most ... Continue Reading » about Village of Calumet Grove Sinkholes Startle Residents
Mardi Gras in The Villages
This week residents celebrated Mardi Gras, with festivals in Spanish Springs Town Square on Tuesday, as well as Lake Sumter Landing on Thursday. In addition to great food and drink, the festivals featured The Villages Dixieland Band, the Aloha O'Ka Hula Dance Troupe, The Villages Twirlers Show Team ... Continue Reading » about Mardi Gras in The Villages