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Originally Posted by Stu from NYC
Received our first notice a few days ago called the Taxing Authority who was able to answer most questions but still have one.
We are being billed $ 474.82. Lady I spoke to said this was from Villages but had no idea what this is for.
Can someone please explain. Thanks.
Was considering paying off the bond that has 15 years to go but thinking we should spend another year or two here to make sure this is our permanent home in the Villages before doing so.
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It sounds like the annual maintenance fee, and should be in the non-ad-valorem section of the bill. The bond paid to build the roads, utilities, and other infrastructure. But, those items need to be maintained. So, basically, the annual maintenance fee is the cost to maintain the infrastructure. Not to be confused with amenities.