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Old 04-07-2019, 11:38 AM
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This previous post (#9 in the thread) explains in detail how the bond and maintenance fees are divided for each home.

Newbie Bond Questions

To clear up the maintenance fee question a little bit more, the actual maintenance cost budget is determined every year during the Spring/Summer budging process (attend the April-July meeting for full details and information). These cost are then divided as described in my other post.

We as Supervisors and the District Staff take the process very seriously and much work is done to contain cost. In my district, CDD10, the actual total maintenance budget and maintenance assessments have decreased by 3% over the last 5 years. It's not a huge decrease but considering increased costs, being able to even establish a level budget over that time period would be a huge win for everyone.

One of the driving factors on cost controls is the use of the Project Wide Fund model. Each CDD from 5 through 12 contribute a large portion of their annual budgets to the PWF were economies of scale are leveraged to keep costs down. Almost all of the common tasks (landscaping, etc.) in every CDD south of CR466 fall under the PWF.

Every district has a large amount of property that is designed for the common good of the residents and falls under the PWF. The advantage of this common maintenance and responsibility is most easily demonstrated in the happenings of CDD4 and their current sinkhole dilemma. Be cause of the structure of the CDDs north of CR466 each is responsible for all their own common area issues. The sinkhole costs have resulted in a 30% increase in maintenance fees for CDD4 residents. A similar cost event happening on properties covered by the PWF would be <3% impact to the residents.

The OP had many questions about the maintenance fees:
Does this amount change over time? Yes, it does generally go up over time due to increased costs.
Can their (sic) be more than one CDD Maintenance fee? No, each home has only one maintenance fee.
How is the CDD Maintenance fee determined? See above and referenced post
How do I know what to expect? Attend your CDD meeting from April to July when budgets are worked.
Is this fee voted on by residence? No, you have elected officials, CDD Supervisors, that do this, it is a representative republic not a democracy
Is this fee capped at a certain percent a year? No, increases are determined each year based on need/maintenance requirements, in some cases they may decrease
Is this amount higher in a newer area than in an older area? Generally no, it's based on the maintenance budget not age, the older districts tend to have less areas to maintain so their budgets may be less because of this.
I heard there may be a fee for the repair of a bridge would that be an example of a CDD maintenance fee? There is nothing wrong with the Morse Blvd bridge, there is erosion of a man-made island that is being addressed. These costs will be covered by the PWF once a course of action and costs are determined. So far nothing has been finalized. It's a complicated topic that deserves its own thread (again).
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