CDD Maintenance Non-Ad Valorem Assessments

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  #61  
Old 08-20-2022, 07:32 AM
defrey12 defrey12 is offline
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Originally Posted by rsimpson View Post
New Owner in March. I just received a notice about Annaul Maintenanc Assessment and increase to same fro the CDD. I don't recal this on any disclosures during the purchase process. Did I overlook this entirely? Is this the "Bond" payment they referenced? Do these $400-500 annual charges continue the rest of our lives??
Yep…How do you think the lawns are mowed and landscaping in TV is pristine? It’s not magic.
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  #62  
Old 08-20-2022, 08:01 AM
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Villages Kahuna Villages Kahuna is offline
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Up north we called them “real estate taxes”.
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  #63  
Old 08-20-2022, 08:32 AM
Marathon Man Marathon Man is offline
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Originally Posted by Bill14564 View Post
So you don't understand what the maintenance assessment goes towards. While there are some "same services as last year" the maintenance projects are an as-needed type of thing. It is likely that either the projects last year cost more than anticipated or there are some large projects expected in the near future. Both of those cases would necessitate collecting additional maintenance funds above what are needed to provide the "same services as last year."
Well said.
  #64  
Old 08-20-2022, 08:33 AM
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Originally Posted by Rwirish View Post
Continue to leave the check book open while living in TV.
Name three places where that is not true. Cemetaries don't count.
  #65  
Old 08-20-2022, 09:01 AM
Bogie Shooter Bogie Shooter is offline
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Originally Posted by Blueblaze View Post
What facts would those be? They raised the assessment 15%. The only thing that changed was the cost of delivering the same services as last year. The government and my social security check says the money is only worth 8% less than last year, not 15%.

What facts am I missing?
See post #58. Couldn't have said it better...............
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