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In case you missed the public information webinar on 4/23/25, we wanted to share some key takeaways. Operations & Maintenance (O&M) Assessment The 2025-2029 O&M Assessment, approved by the counties in February 2024, will appear on your winter 2025 tax bill. See your annual O&M assessment amount on the Special Assessment District map here. Capital Assessment The 2025-2065 Capital Assessment is in place as approved by the counties in February 2024. The first Capital Assessment payment will appear on your winter 2025 tax bill. FLTF plans to issue two bond series to secure financing for the project. The first series of bonds will be issued in June 2025 for $80 million. The second bond series will be issued in the summer of 2026 for the remaining project costs. To understand what your estimated annual Capital Assessment payment will be, visit the Special Assessment District map here. Because of the bond structure, the line called "Annual Capital Assessment Payment Estimate" in your parcel pop-up on the map is NOT what your 2025 Capital Assessment payment will be. This year's payment will be approximately 60% of that number. To estimate this year's Capital Assessment payment plus interest, multiply the number by 0.6.  The Annual Capital Assessment Payment Estimate shown on the map reflects your expected average annual payment for years 2026-2065. We will send a letter in July with information about your 2025 Capital Assessment amount and update the map at that time with the 2025 assessment as well. The assessment map is updated and includes your estimated 2025 Operations & Maintenance Assessment and 2026-2065 Annual Capital Assessment payment amount for those years. Comments are closed.
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©2025 | Four Lakes Task Force is a US 501 (c)(3) public charity, EIN 27-4698447. This institution is an equal opportunity provider.
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