What services are received for the assessment and why is there a special assessment when residents already pay property taxes?
Countywide ad valorem property taxes are imposed against all property in the county to fund general services to Osceola County residents. Since it would be unfair for all county residents to pay for the maintenance of local improvements within specific communities, special assessments to fund the cost are imposed only against property benefiting from the common areas. Local improvements maintained from special assessment revenue may include retention ponds, street lighting, and recreational areas.
Related Questions
- What services are received for the assessment and why is there a special assessment when residents already pay property taxes? What are property taxes paying for?
- Can I pay my tax liability by instalments after I received the Assessment Notice for that financial year?
- Why do businesses located in a Business Improvement District (BID) have to pay a special assessment?