What are Lakewood Ranch CDD Fees?
Learn more about living in a Community Development District in Lakewood Ranch
A CDD fee, also known as a Community Development District fee, is a public bond that is shared among homeowners for the installation and maintenance of utilities, water and sewer, roads, fire prevention, and landscaping.
Benefits of a CDD
In theory, CDD's should benefit everyone. By maintaining properties, their value is worth more which brings higher property taxes to local governments. 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 utilities in smaller installments.
Lakewood Ranch has no city tax. You are likely paying to maintain infrastructure in the town or city where you live now, it's just called something different here in Lakewood Ranch.
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CDD fees in Manatee County Property Tax Bill
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