ASSESSMENT INFORMATION
The taxing authority for Special Districts are Florida Statutes 190 and 197. The District’s fiscal year runs from October 1 through September 30.
Q. How are District assessments determined?
A. Each property owner will pay an annual assessment that is levied on their property tax bill as a non-ad valorem assessment. The annual assessment is for operations and maintenance (O&M) of community properties. Each year, the CDD Board of Supervisors advertises for and holds a public hearing to set its budget and the level of assessments. The annual O & M assessment is listed in the table below.
Beginning in Fiscal Year 2024, a new assessment was levied on the units of Villages of Lake Lucie for repairs to the pool and pool cabana, and this is levied over three years. That amount is listed below and is slated to be paid off at the end of Fiscal Year 2026.
Q. How long do the property owners in Lake Lucie CCD have to pay CCD assessments?
A. Property owners will continue to make the O&M assessments, which pay for the ongoing expenses of the District, as long as the District exists.
Q. Can I pay off the assessment early?
A. No.
Q. How is the assessment collected?
A. Assessments are collected uniformly by the St. Lucie County Tax Collector as a “non-ad valorem” assessment on your county tax bill and are paid directly by the owner or via a mortgage holder escrow, beginning November 1st of each year.
Assessment Rates – Fiscal Year 2024
| Unit Type | # of Units | FY 2023 O&M | FY 2024 O&M | FY 2024 Pool/Cabana | FY 2024 Total |
|---|---|---|---|---|---|
| Business Park (Unit I) | 11 | $830.35 | $1,078.73 | $0.00 | $1,078.73 |
| Villages of Lake Lucie (Unit II) | 156 | $842.82 | $986.24 | $320.51 | $1,306.75 |
| Developer Acreage (Unit III) | 64 | $12.90 | $57.50 | $0.00 | $57.50 |