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What are Lakewood Ranch CDD Fees?

Learn more about living in a Community Development District in Lakewood Ranch

A CDD fee is a Community Development District fee.  It is a public bond that is shared among homeowners for the installation and maintenance of utilities and infrastructure, such as water and sewer, roads, fire prevention, and landscaping.

Benefits of a CDD

In theory, CDD's should benefit everyone.  By maintaining infrastructure and common areas, they bring higher value to home owners, and to local governments through property taxes.  Builders like them because they don't have to use their own money to install infrastructure, and home owners like them because they are paying for infrastructure in smaller installments.

Lakewood Ranch has no city tax.  Where you live now, you are likely paying to maintain infrastructure and local service fees, like stormwater utility, fire stations, emergency services, roads, public lighting, and parks.  They are simply paid in different ways in Lakewood Ranch.

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CDD fees in Manatee County Property Tax Bill

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Lakewood Ranch CDD fee in property tax bill

Lakewood Ranch Home Buyer Tools

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