Fitch Ratings for 2020 affirmed Sumter County’s Capital Improvement Revenue Bonds with an AA+ rating. Sumter County’s Issuer Default Rating (IDR) is also at AA+. Fitch also reported that less than 400 local tax-supported jurisdictions in the United States qualify for an AA+ rating. This rating reflects the county’s continued growth and diversification and maintenance of robust financial operations.
A vital part of any economy or community is growing and thriving in Sumter County. The number of manufacturing companies in the county is increasing, as are production and jobs. Crevalle Boats, a boat manufacturing company in Wildwood, reached a major milestone in November by building its 500th boat.
The communities surrounding The Villages are experiencing another round of expansion. Lady Lake
and Wildwood have seen residential and commercial growth in recent years, and Fruitland Park’s
population has more than doubled in the past five years with commercial growth expected to be on
the way.
Saturday, November 30, 2019 is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. Please join the SBA and organizations across the country in supporting your local small business by shopping at a small business.
The results from the 2020 Census can shape many difference aspects of your community. Learn more from our new Public Service Announcements.
Has your business been impacted by a disaster? We are here to provide access to the capital and resources you need to recover.
If your business was adversely impacted by a state or federally-declared disaster, your business may qualify for a no-interest state and/or a low-interest federal business disaster loan when activated.
Farm City Week has been held around the country since the 1950’s to help celebrate the abundant harvest of Florida agriculture. Sumter County Farm Bureau, along with many other community partners, offers a tour and an educational event during the month of November each year. The Farm City tour offers Sumter County residents a firsthand experience to learn more about production agriculture from our local producers. This year, the tour stops included Mazak Ranch, Knight’s Farm Fresh Feeds, Sumter County Farmer’s Market tour, and lunch at the Sumter County Farmer’s Market. The educational event was held at Brownwood Paddock Square® in The Villages® community on November 9. Each year, the event brings awareness to the necessary partnerships between our farmers and county residents. During the event, residents sampled local foods, shopped at the farmer’s market, and learned more about the agricultural commodities grown throughout the county.
Manufacturing Month is an annual national event executed locally with the support of thousands of manufacturers across the country as they host students, teachers, parents, job seekers and other local community members at open houses, plant tours and presentations designed to showcase today’s advanced manufacturing technology and high-wage career opportunities.
Governor Rick Scott proclaimed September as Workforce Development Month in Florida. Each year, Workforce Development Month is observed during the month of September around the country in recognition of the workforce professionals who play a vital role in the economic recovery and growth of their states and the nation.
The picture is – robust. In the past five years, Florida has added nearly a million jobs. The current economic expansion, which began in June 2009, is now entering its second decade, and Florida has never seen a job market like today’s.
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Welcome to Connex Florida, a supply chain database tool for the manufacturing industry in Florida. Connex Florida is made possible through a partnership between the Associated Industries of Florida, Space Florida, and FloridaMakes.
The 2020 Disaster Preparedness Sales Tax Holiday was passed by the Florida Legislature and signed into law by Governor Ron DeSantis. This sales tax holiday begins Friday, May 29, 2020, and extends through Thursday, June 4, 2020.
During this sales tax holiday period, qualifying items related to disaster preparedness are exempt from sales tax. However, the sales tax holiday does not apply to the rental or repair of any of the qualifying items. Additionally, the sales tax holiday does not apply to sales in a theme park, entertainment complex, public lodging establishment or airport.
By proclamation Sumter County joined cities and counties nationwide in marking National Economic Development Week from May 4-9, 2020 to recognize the contributions of positive economic development and explain the role of the profession in our local community.
The Villages, about an hour northwest of Orlando in central Florida, is home to about 135,000 people, many of them considered high-risk during the COVID-19 pandemic.
