Has anyone ever seen an itemized report listing how exactly a bond funding was actually spent? Is such a report publicly available?
It would be interesting to see how much actually went to specific infrastructure categories such as electric, water, sewers, major and minor roads, signage, etc. and what was disbursed for design, fees, brokerage, "management" services and other soft costs and whether the "funding" was fully spent. And furthermore, what happened to overruns or
undercosts?
Hopefully none of the bond costs were spent constructing or enhancing our recreational facilities which "we" thru the CDD system bought (financed by more bonds collateralized by the facilities) at a later date, or will be bought eventually in the new areas.
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