ASSESSMENT INFORMATION
Each property owner pays an annual assessment levied on their property tax bills as non-ad valorem assessment. This amount is comprised of funds for:
- Utility Operations: District provided utility services which include sewer, water and irrigation. The annual assessment amounts vary in relation to the usage, size and type of property.
- District Operations: Non-utility operation and maintenance (O&M) of community properties.
Each year, the CID Board of Supervisors advertises for and holds a public hearing to set its budget and the level of assessments.
| Questions & Answers |
| How long do residents of Port of the Islands have to pay district assessments? |
| Assessments pay for the ongoing expenses of the district and will continue as long as the community exists. |
| Can I pay off the assessment? |
| No, assessments are an annual expense like other property taxes. |
| How is the assessment collected? |
| Assessments are collected by the County Tax Collector as a “non-ad valorem” assessment on your tax bill. |
Assessment Rates FY 2023
| Unit | O&M FY 2022 | W&S FY 2022 | Total FY 2022 | O&M FY 2023 | W&S FY 2023 | Total FY 2023 |
|---|---|---|---|---|---|---|
| Hotel Room | $395.45 | $841.80 | $1,237.25 | $403.11 | $841.80 | $1,244.91 |
| Condo Unit | $395.45 | $1,122.40 | $1,517.85 | $403.11 | $1,122.40 | $1,525.51 |
| Single Family | $395.45 | $1,403 | $1,798.45 | $403.11 | $1,403.00 | $1,806.11 |
| Boat Slip up to 40 feet (water only) | $158.18 | $112.24 | $270.42 | $100.78 | $112.24 | $213.02 |
| Boat Slip up to 40 feet (water & sewer) | $158.18 | $280.60 | $438.78 | $100.78 | $280.60 | $381.38 |
| Boat Slip 40 feet and larger | $158.18 | $561.20 | $719.38 | $100.78 | $561.20 | $661.98 |