[Bill14564]

Originally Posted by Jalane

Most people don't know/realize that the Morse family develops the areas, builds out the areas, then sells it to the various CDD districts, which essentially become like the City governments in the cities where we all lived previously. The CDD's take over the financial responsibility from the Morse family and our amenity fees are what fund the CDD's.

If our previous City needed more money to cover their expenses, they would try to find funds to fill the gaps by looking for grants or other government funding so they could avoid raising taxes for their residents. Here, it would mean raising the amenity fee to cover their financial responsibility. The CDD's are doing what every City does to avoid raising costs for their residents.

Close, but not exactly.

Amenity fees are paid to the SLCDD, VCCDD, or Developer in new sections and can only be used to fund amenities. They are not used for debris collection, they are not used for flowers, and they are not used to fix sinkholes. They are only used to pay for amenities. Amenity fees can only be increased as provided for in the deed restrictions which basically means a yearly increase tied to the CPI.

Your local government is your numbered CDD (mine is CDD10). These entities are funded by the annual maintenance fee that everyone sees at the bottom of their property tax statements. For districts south of 466 (and possibly above but I'm not clear on that)a portion of these maintenance fees are also sent to the SLCDD for use in maintaining common areas. These are the funds that are spent under advisement of the PWAC. It would make sense that these funds are being used for the storm cleanup. When the numbered CDDs need more money they can increase the maintenance fee. CDD14 and CDD15 experienced this in the current year while my CDD raised the fee last year.