WHERE DOES OUR MONEY GO? GO? VILLAGES HOMEOWNERS ASSOCIATION NORTH WORKSHOP
CLEARING THE AIR…… ACRONYMS VCCDD Village Center Community Development District VCDDs Numbered Village Community Development Districts (North of CR466 are VCDD 1, 2, 3 & 4.) AAC Amenity Authority Committee VPSD Villages Public Safety Department SLCDD Sumter Landing Community Development District NSCUDD North Sumter County Utility Dependent District LL/LC Lady Lake/Lake County portion of The Villages 2
THERE IS NO MYSTERY! There are 15 Special Districts If you live in Lady Lake/Lake County you receive services from one District: VCCDD - Amenities, VPSD, Utilities, Deed Compliance If you live in Marion or Sumter County (North of CR466) you receive services from three Districts: VCCDD - Amenities, VPSD, Utilities NSCUDD - Sanitation (Garbage) VCDD 1, 2, 3 or 4 – Maintenance, Deed Compliance 3
ELECTED OFFICIALS VCDD 1 – Seat 1, Kathy Porter; Seat 2, Ellen Cora, Vice Chair; Seat 3, Paul Sykes; Seat 4,Clyde Long; Seat 5, Bill Mapel, Chair VCDD 2 – Seat 1, Bryan Lifsey, Vice Chair; Seat 2, Robert Gilmartin; Seat 3, John Blum, Chair; Seat 4, Nick Jones; Seat 5, Bart Zoellner VCDD 3 – Seat 1, Steffan Franklin; Seat 2, Bill Ray, Chair; Seat 3, Charlie Cook;Seat 4,Tilman Dean; Seat 5, Gail Lazenby, Vice Chair VCDD 4 – Seat 1, Jim Brockman; Seat 2, Chuck Kazlo, Vice Chair Seat 3, Jim Murphy, Chair; Seat 4, Paul Kelly; Seat 5, Don Deakin VCCDD – Seat 1, Steve Kurtz; Seat 2, Steve Drake, Chair; Seat 3, Art Rowe; Seat 4, Gary Moyer; Seat 5, Tom Brooks, Vice Chair NSCUDD – Seat 1, Bob Risser; Seat 2, Charlie Smith, Vice Chair; Seat 3, Gary Davis, Chair; Seat 4, Dominic Berardi; Seat 5, Allen Vanover; Seat 6, Patricia Francis; Seat 7, Diane Spencer. 4 All emails are first name.last name @ Districtgov.org
THERE IS NO MYSTERY! • All Districts are separate government entities (like Wildwood, Bushnell and Sumter County) and are each governed by State of Florida elected officials. • Each District Budget is independent of the others. • All Districts must abide by all applicable State Statutes for Public Records, Open Meetings, Sunshine Laws, Ethics, Auditing, etc. • All financial records, audits, minutes, agendas, and related information are on the web site www.districtgov.org All records are public and are available through a simple request to District Staff 5 (753-4508).
THERE IS NO MYSTERY! A copy of this power point presentation is available to anyone who requests it. Please provide an email address if you would like it emailed to you. If you would prefer a hard copy please provide a mailing address or advise if you would like to pick up a copy at our Sumter Landing Office. There are sign up sheets in the back of the room when you leave the presentation this evening or email me at janet.tutt@districtgov.org 6
Your District our District Dollar Dollars! s! Bond Assessments Amenity Fees Utilities Maintenance Assessments Sanitation Services 7
MONEY MONEY AND AND THE THE DISTRICT DISTRICTS WHERE WHE RE DOE DOES S IT GO? IT GO? Utility Charge • Monthly Bill Amenity Fee (VCCDD) Bond on • Your Home Monthly • Annually on Bill your tax bill or in whole at any time (except LL/LC and VCDD 1 after Fiscal Maintenance Year 2015) Sanitation Assessments Charge Districts 1, 2, 3 & 4 • Monthly Bill • Annually on your (except LL/LC) Tax Bill
ALTHOUGH NOT INCLUDED IN THE PRESENTATION, IF YOU HAVE QUESTIONS REGARDING THE FOLLOWING I WILL BE MORE THAN GLAD TO ADDRESS THEM NUMBERED DISTRICT BOND ASSESSMENTS paid annually or in full at any time and pays for infrastructure required to build home that is maintained through the District Maintenance Assessment. VCCDD UTILITIES Little Sumter Service Area (LSSA) or Village Center Service Area (VCSA) paid monthly based on consumption. SANTITATION North Sumter County Utility Dependent District (NSCUDD) paid monthly at a fixed rate. 9
WHAT IS THE DIFFERENCE BETWEEN MY AMENITY FEE AND MAINTENANCE ASSESSMENT? 10
AMENITY FEES AND MAINTENANCE ASSESSMENTS MAINTENANCE ASSESSMENTS AMENITY FEES FOR EACH DISTRICT PAID MONTHLY ON BILL WITH PAID ANNUALLY ON TAX BILL SANITATION AND UTILITIES Landscaping (ROW & Landscaping (ROW & Common Areas) Common Areas) Stormwater System and Stormwater System and retention basins retention basins Community Watch Multi Modal Paths Recreation Centers and Fences Activities Street Lights Gates and Postal Facilities Sign Walls Executive Golf Courses Villa Roads (and all roads Villages Public Safety within Marion County except Buena Vista Blvd.) Deed Compliance (Lady Lake/Lake County) 11 Deed Compliance
AMENITY FEES WHAT ARE THEY? WHAT DO THEY PAY FOR? WHAT ARE REVENUES AND EXPENDITURES? 12
AMENITY FEES • Payment of the Amenity Fee is required through the Contract you signed when you bought your home. The Contract requires you to adhere to the Declaration of Restrictions (Restrictions) for your unit/lot. • Amenity Fee is paid in exchange for Amenity Services - It is a FEE FOR SERVICES. • Depending on your Restrictions, your Amenity Fee increases either every year or every three years. • Depending on your Restrictions, your Amenity Fee increase is based on when you purchased your property or signed your contract. • The Amenity Fee increase is based on the CPI and CAN NOT be increased greater than that amount each year(or every three years depending on your Restrictions). • The current rate for all new homebuyers is $145.00/month • There is currently a deferral at $155 which means no resident pays more than $155 per month
AMENITY FEES -21,707 Amenity Fees North of CR466 purchased from the Developer and there are 240 Amenity Fees paid by Freedom Point = total 21,947 (As information there were 31,141 Amenity Fees south of CR466 as of 12/31/14) - FY 2014-15 Original Adopted Recreation Amenity Division Budget is $41,457,396 (Budget year begins 10/1 and ends 9/30 of each year)
RECREATION AMENITY DIVISION (RAD) FY2014/15 BUDGET $41,457,306 Major Revenues • $ 37,228,747 - Amenity Fees • $ 503,180 - General Government (i.e., Late penalty Fee, Gate Repair, Access Card Fee, electric reimbursement) • $ 110,700 - Public Safety Charges & Fees (i.e., Home/Business Watch, Special Events) • $ 1,433,304 - Parks & Recreation (i.e., Trail Fees, Recreation Events, Green Fees and Cart rental) • $ 1,585,758 - General R&R and Working Capital • $ 582,207 - Rental Royalties (i.e., RV fees, Room Rentals and Catering) 15
RECREATION AMENITY DIVISION (RAD) FY2014/15 BUDGET $41,457.306 Major Expenditures • $ 7,370,820 - Professional Services (i.e., Administrative, Community Watch, Property Management, Recreation, Engineering, legal, Deed Compliance, Technology) • $ 3,132,866 - Contractual Services (i.e., Janitorial, VPSD, Golf Management Services, Systems Management Support) • $ 1,565,553 - Utilities • $ 589,902 - Insurance • $ 7,694,153 - Repairs and Maintenance (i.e., Landscape, Buildings, Pools, gates, Irrigation) • $ 681,231 - Operating Supplies (i.e., Fuel, Recreation Supplies, Operating Supplies, Recreation Supplies, FF&E) • $ 1,280,214 - Capital Outlay (Buildings, Infrastructure, Capital FF&E) • $16,451,951 - Debt Service • $ 2,000,000 - Transfer to General Reserve 16
MAINTENANCE ASSESSMENTS WHAT ARE THEY? WHAT DO THEY PAY FOR? WHAT ARE REVENUES AND EXPENDITURES? 17
MAINTENANCE ASSESSMENTS DISTRICTS 1, 2, 3 & 4 What are they? Annual non-ad valorem Maintenance Assessments (non-ad valorem means they are not based on the value of your home) paid by the numbered district residents for the operation of the District owned infrastructure (built with bonds levied on homes) or infrastructure such as retention basins required for construction of the district and deed compliance enforcement. During the budget process, each numbered district Board determines the assessment amount based on the annual operating needs and planned future needs . These fees are calculated considering the amount of revenue needed and distributing that amount to owners based on the acreage and number of lots.
MAINTENANCE ASSESSMENT BUDGETS DISTRICTS 1, 2, 3 & 4 REVENUES • Maintenance Assessments- levied on your annual tax bill • Other Revenues (Interest, Sumter County Road Reimbursement, etc.) EXPENDITURES • Administrative Costs (insurance, legal, staffing, overhead, etc.) • Landscape (right-of-way and common areas, ongoing and replacement) • Professional Fees (Engineers, Attorneys, etc.) • Electricity (pumps, street lights, sign walls, etc.) • Stormwater Facilities (including retention basins) • Transportation Paths • Maintenance costs (paint, fence, sign walls, villa roads, etc.) • Reserves for future expenditures • Deed Compliance 19
ANNUAL MAINTENANCE ASSESSMENT PAYMENT The Maintenance Assessments are billed annually on the Non-Ad Valorem portion of your annual Property Tax Bill.
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