Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
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Old 09-03-2010, 10:45 PM
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Default This goes back to my question.

Quote:
Originally Posted by spk7951 View Post
In light of all the postings related to the IRS issue I thought I would post this "commentary" made by Janet Tutt in June 2009. Below is the link to her article but the part I find most interesting is:

"Although I can not address all the rumors, the one that is most disturbing floats the possibility that an adverse ruling would somehow result in increased amenity fees or assessments. That is absolutely false. Neither amenity fees, nor resident assessments could be increased
for such a purpose."

http://districtgov.org/images/whatsn...news200906.pdf
If they can't raise amenities or assessments and I think Janet is correct, then how would they pay it? The only thing I can think of is sell amenities or reduce the maintenance on them. Any ideas on this Lauren or gang?
And one more interesting question. Homeowners agree to pay the amenity fee of about $135 per month right? What amenities are guaranteed in exchange for that monthly fee? Can they be reduced or eliminated as they see fit? If true, that bothers me. Please clarify this for me. Thanks. JJ