[Elkiehound]

Once you pay off your CDD obligation are there any annual maintenance, (other than Amenity Fee and Property Tax)?

[Bogie Shooter]

Originally Posted by Elkiehound

Once you pay off your CDD obligation are there any annual maintenance, (other than HOA and property tax)?

Village Community Development Districts Finance Department

Remember: Even if you pay off your bond assessment, there will continue to be an
annual maintenance assessment that pays for the ongoing costs of maintaining the
infrastructure.

Further, it is not a HOA fee but an Amenity Fee.

[Elkiehound]

Thanks, is there a standard percentage for the annual maintenance assessment fee?

[champion6]

Originally Posted by Elkiehound

Thanks, is there a standard percentage for the annual maintenance assessment fee?

No, it is determined by the annual budget of each CDD. It may go up or down or remain unchanged.

[Elkiehound]

Is there a general range to consider for budgeting purposes?

[champion6]

Originally Posted by Elkiehound

Is there a general range to consider for budgeting purposes?

Call CDD Customer Service and ask. then post back here.

984 Old Mill Run and 4856 South Morse Boulevard
(352) 753-4508

[CWGUY]

Originally Posted by Elkiehound

Is there a general range to consider for budgeting purposes?

No. You can go to Sumter County Property Appraiser - Joey Hooten - Bushnell, Florida - 352-569-6800 if you have an address you want to check on, you can do a search to pull up the tax bills for that address. The maintenance assessment will be on each bill.

[Carla B]

Originally Posted by JoMar

Which raises another question, why don't people use the resources available rather than ask questions on here?

Maybe they don't live here yet and are just trying to develop a rough estimate of the cost to live here.

[Laker14]

Originally Posted by JoMar

Which raises another question, why don't people use the resources available rather than ask questions on here?

While learning about the expenses of ownership, while considering buying here, and learning how the taxes are charged I was referred to the Sumter County Tax website. Very useful. I learned about it by asking questions on this forum. So, to answer your question I'd say "because they have not yet been taught were to find, and how to access the resources available".
This forum has been a great source of useful information for me.

[Goldwingnut]

Originally Posted by Elkiehound

Is there a general range to consider for budgeting purposes?

There is no general range because of the way the assessment is calculated, it varies by neighborhood and CDD.

It's explained here:
Maintenance Assessment and The Villages 6-19-19 Construction Update - YouTube

The Bond is explained in this video
Bond Information and The Villages 5-30-19 Construction update - YouTube

and Amenity Fee is explained in these videos
The Amenity Fee (part 1) and The Villages 7-26-2020 Construction Update - YouTube
The Amenity Fee (part 2) and The Villages 8/17/20 Construction Update - YouTube

[Elkiehound]

Thanks for taking the time to share these videos. Perhaps they can be in a Sticky post for others if this is a popular topic.

[Girlcopper]

Originally Posted by Carla B

Maybe they don't live here yet and are just trying to develop a rough estimate of the cost to live here.

So? Resources are available to non residents too. Anything of importance should be checked through a reliable source. Not a local blog where everyone has a different opinion

[mikeritz53]

Originally Posted by Elkiehound

Once you pay off your CDD obligation are there any annual maintenance, (other than Amenity Fee and Property Tax)?

Make sure you are not mixing things up. There are 2 charges added to your annual Taxes. 1 is a Bond Fee (this goes on every property when it is initial sold and reduces each year) that eventually disappears and the other is a CDD Fee that is always going to be their

[J1ceasar]

So basically besides taxes the developer has decided to split the continuing maintenance of the infrastructure, from the amenities like the pools and tennis courts etc etc and clubs. This is why things look a lot cheaper just like why hotels now give you a resort fee as well as a room rate. I am amazed at how many people buy here and then ask questions when this is probably the biggest investment most of these people make

[Larchap49]

Originally Posted by J1ceasar

So basically besides taxes the developer has decided to split the continuing maintenance of the infrastructure, from the amenities like the pools and tennis courts etc etc and clubs. This is why things look a lot cheaper just like why hotels now give you a resort fee as well as a room rate. I am amazed at how many people buy here and then ask questions when this is probably the biggest investment most of these people make

Mostly because no matter how many questions I asked at different times the maintenance fee was never disclosed. Only the bond, amenities, and taxes were ever mentioned. The maintenance fee was the surprise on our first tax bill. That was my experience I can't speak for others.