Talk of The Villages Florida - View Single Post - Adoption of a "new" non ad valorem assessment?
Thread: Adoption of a "new" non ad valorem assessment?
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Old 11-26-2011, 10:42 PM
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villages07 villages07 is offline
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I believe these are pro forma notices for levying CDD assessments in new construction areas. Our home infrastructure bonds as well as the annual CDD maintenance assessment are indeed non ad valorum, ie not directly based on the sales price of a home. Every home in a section pays the same bond and CDD assessment fee. In my designer section of three streets, with original sale prices from 180k to 559k, everyone pays the same bond and annual maintenance.

I believe these are required notices. These also have nothing to do with the IRS investigation which is directed at recreational/amenity bonds.
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