Lucerne Park Community Development District
Est. 2018 Located In Polk County, Florida
A map of the District’s boundaries can be found here: LINK
For information on obtaining an amenity key card, email: email@example.com
District Infrastructure and Property
The District intends to issue its Series 2019 Bonds (“Bonds”) to fund the construction and/or acquisition of stormwater management improvements, landscaping, utilities improvements, and roadway improvements.
District Annual Budgets
The District will annually approve both a Series 2019 Bonds debt service budget and an operations and maintenance “O&M” budget. The Series 2019 Bonds require level annual debt service and so the bond debt service budget will not vary substantially from year-to-year.
The adopted O&M budgets for the District’s 2017-2018 and 2018-2019 fiscal years can be found here: LINK
District annual Non-Ad Valorem Assessments
The District annually collects from property owners within its boundaries both a bond debt service assessment and an O&M assessment. The bond debt service assessment helps amortize the District’s Series 2019 Bonds. The O&M assessment funds the District’s annual O&M activities.
(A schedule of the District’s annual non-ad valorem assessments can be found here: LINK)