These taxes and assessments pay the construction, operation and maintenance costs of public facilities and services of the district and are set annually by the governing board of the district.
These assessments and taxes are in addition to county and other local governmental taxes and assessments and are included with your tax bill each year. The operating and maintenance (O&M) portion is assessed for maintenance for common improvements within your community that the CDD provides. The services vary depending on which community you live in. For example, it may cover landscaping, street lights, guard facilities, roving patrol, storm water management, etc., or it may only include a few of the services.
Hope this helps,
Keller Williams Realty