Talk of The Villages Florida - View Single Post - Latest on IRS tax exempt bond issue
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Old 05-23-2014, 06:46 PM
mulligan mulligan is offline
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Quote:
Originally Posted by Steve9930 View Post
I believe the tax free bonds were issued to fund the infrastructure, roads, sewers, etc.
Bonds for infrastructure which you see on your property tax bill are issued as each district is built. These are the cdd's The district that purchased the amenities (priced correctly or not) is the VCCDD which has no residences in it's area of responsibility, only commercial property. The CDD"S are 100% residential areas.
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