Quote:
Originally Posted by Bill14564
Remember that there is also an admin fee in that $1,000 annual payment. My fee was $88 but I doubt that amount is consistent across all bonds.
A $1,000 payment that included an $88 admin fee would result from an initial bond amount of $11,300.
|
District 13 (Richmond) CDD Debt assessment for 2025 is $1972.97. This is for a total CDD debt (30 year bond) of $33,555.86. I don't know the admin fee so if we use say $100, this equates to a 3.9% interest rate.