Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
Thread: The Villages and the IRS. From Lauren Ritchie
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Old 03-15-2009, 11:50 AM
iaudit iaudit is offline
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Originally Posted by Russ_Boston View Post
If I'm not mistaken there are oversight committees comprised of residents who are on the board of the turned over VCDD's. Isn't that true?

http://www.districtgov.org/images/Wh...ionResults.pdf
The numbered CDD's, over about a ten year period, transition from developer picked supervisors to homeowner picked supervisors. However, the central CDD's (the one's that issued the recreation bonds) are entirely pick by the developer and will not change as long as he owns the business areas that comprise these central CDD's.