Quote:
Originally Posted by April23
Hello! First post for me as I begin to investigate TV. What is a bond? What is an assessment? Does every house have one? I see homes for sale that say "bond is paid" but will it come back ever? Thanks for your insightful information.
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From districtgov.org
What is a bond?
The infrastructure of the District in which you live was built with tax-exempt bonds. The bonds are repaid with monies collected in the annual tax bill sent out by the County Tax Collector’s Offices and appear in the Non-Ad Valorem section of the tax bill as “Bond Debt Assessment.”
You may pay off your bond assessment in full at any time; however, you are not required to pay off this assessment in advance.
To find out the exact payoff figure or for any additional questions, please contact the Bond Team at 352-751-3900.