Originally Posted by VApeople (Post 1177339)

No, I don't think so.

I think the Residential Impact Fee is this:

https://www.lakecountyfl.gov/departm...fee_facts.aspx


The Bond or Development District Assessment is this:

Residential Bond Assessment Information

Both are a one time payment. The impact fee is about $11K and the Bond is about 6% of the value of the house. At least that is how I understand it, as we sit here in our snow-bound house in Virginia.

Originally Posted by CWGUY (Post 1177343)

:024: All Lake Co. Bonds - Lake County Amortization Schedules

Originally Posted by Bogie Shooter (Post 1177380)

Thanks for the info. I thought in an earlier discussion on here that there would not be bonds on The Villages in Lake County. I see now with what you provided that was wrong.
Lake county homes have the impact fee and a bond.

Originally Posted by golfing eagles (Post 1176767)

The bond amount depends on sale price, in a new home mine was about 6.25% of the purchase.

Originally Posted by Bogie Shooter (Post 1177377)

Bond amount has nothing to do with the value of the house.

Originally Posted by VApeople (Post 1177400)

This is a little confusing.

Originally Posted by VApeople (Post 1177400)

This is a little confusing.

Originally Posted by jayerose (Post 1176761)

Trying to figure out the above...

Property Taxes (Ad Valorem Taxes) are based on sales price of home.

Bond is to recover the costs of the infrastructure (sewer, water, streets, electric, cable, etc.) in your section. Some older homes may have the bond paid off.

CDD Maintenance Assessment Fees (Non-Ad Valorem Assessments) is to pay for improvements for the golf courses, recreation center, pools, etc). Can be from $100 to $600 per month depending on where you live.

Amenities Fee is used to pay for the upkeep of recreational facilities. $145 per month.