The Dunes Community Development District (District) will hold public hearings on August 11, 2017, at 9:30 AM in the District’s Administrative Office, 101 Jungle Hut Road, Palm Coast, Florida. The purpose of these public hearings is to consider the adoption of the General Fund Budget and Assessments; Water & Sewer Fund Budget and Bridge Fund Budget. Copies of the proposed budgets are available for review at the District’s office located at 5000 Palm Coast Parkway SE, Palm Coast, Florida or on the Districts website www.dunescdd.org. The District’s staff may propose changes, additions to or deletions from these budgets at the public hearing on August 11th.
The General Fund Budget and Assessments
Each year the District imposes a non-ad valorem assessment on your property to fund the District’s general administrative costs as well as the maintenance costs for its stormwater management system (lakes and wetlands). This budget is adopted each year after consideration by the Board and after holding a public hearing. As always, you have the right to appear at this public hearing to express any objections, suggestions or comments. You may also file written objections within twenty days of the date of this notice at 5000 Palm Coast Parkway SE, Palm Coast, FL 32137, Attention: District Manager. By operation of law, these non-ad valorem assessments along with property taxes constitute a lien against your property located within the District. It is important to pay your tax bill each year since failure to pay will cause a tax certificate to be issued against the property, which may result in loss of title. All benefited lands within the District pay these assessments, including undeveloped and developed lands. Lands within the District are assigned units of measurement in accordance with their use. Developed land is assessed at one assessment unit per residential unit or lot. Undeveloped land is assessed at one assessment unit per acre. The not to exceed cost per assessment unit for this year is as follows: Hammock Dunes, Island Estates, Ocean Hammock & Hammock Beach $60.00; and Harbor Village Marina $40.00. The assessment against each parcel is the total of the residential units or acres in each parcel multiplied by the cost per assessment unit. The District expects to collect not more than $200,000.00 in gross assessment revenues.
The Water and Sewer Fund and the Bridge Fund Budgets
The District also adopts a Water & Sewer Fund Budget and a Bridge Fund Budget to cover the cost of operations and the debt service related to the utility systems and the toll bridge. Both budgets are currently funded by the rates, fees and charges which the District imposes for utility services and use of the toll bridge. During the past several years, both the utility rates and the bridge toll charges have been reduced. The District is committed to reducing costs wherever possible while maintaining a high level of quality services.
JULY 1, 2017