Quote:
Originally Posted by Steve9930
So which bond is on the tax bill, the ones for the infrastructure? Then which bond is the IRS questioning?
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This is on your tax bill.
What is the Bond Debt Assessment for?
The bond debt assessment reflects each lot’s proportionate share of the cost of building the infrastructure within its District or for which its District has responsibility. It is the most equitable method of distributing costs between the properties that benefit from the infrastructure. Infrastructure includes storm water systems, underground pump stations, water retention areas, curbs, gutters, streetlights, transportation trails, underground piping, etc.
Go here to read all about the IRS Bond Issue.
http://www.districtgov.org/IRSupdate.aspx