Quote:
Originally Posted by mgm4444
The maintenance fee is constant and is different for each "district".
Ok, I did the maintenace fee math on the resale above - comes to about 25.00/mo. Not a big deal. But, my next question is: do the maintenance fees different alot between districts? Are newer district fees more expensive (i.e. Buttonwood compared to a village in Spanish Springs)?
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Re: maintenance fee being constant - - - From
http://www.districtgov.org/faq.aspx :
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"The Cost of a CDD
The cost to operate a CDD is borne by those who benefit from its services. Property owners within the numbered CDDs within The Villages are subject to a non-ad valorem assessment, which appears on their annual property tax bill from the county tax collector and may consist of two parts-
an annual assessment for operations and maintenance, which can fluctuate up and down from year to year based on the budget adopted for that fiscal year-and an annual capital assessment to repay bonds sold by the CDD to finance community infrastructure and facilities, which annual assessments are generally fixed for the term of the bonds. Because costs and services vary depending upon the individual CDD, specific fee information is available for each community.
The Village Center District and Sumter Landing District operate from the contractual amenity fees collected from the residents within the CDD, and from other general revenues."
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However, read on!
Re: maintenance fee variations between Districts - - - As an example, here's the info for District 7:
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From
http://districtgov.org/yourdistrict/...spx?district=7 , then clicking on the "....adopted budget...." link takes you to
http://districtgov.org/departments/b...udget%20D7.pdf See page 4 for the assessment schedule. Ours stayed the same from 08/09 to 09/10.....and is dropping a whopping 72 cents for 10/11! Woo-hoo!
This gives you the info for a particular District - you can look up the same for each district. I don't know if there is a single web page or document that shows the info for all the Districts together, though.
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So other than appearing to vary by pennies potentially from year to year, the annual maintenance fee would seem to "technically" remain the same..........though the Districts have the ability to make it whatever is deemed necessary annually.
Hope that helps!
Bill