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According to data from RCLCO Real Estate, the Holding Company of the Villages sold 2,231 homes in 2017, a 13% increase over 2016. The Villages was the top-selling master-planned community in the United States in 2017 and one of only four communities to sell more than 1,000 homes.
Increases in homeowners-insurance costs mean that homeowners association fees are on the rise as well. Homeowners may face large one-time special assessments in addition to increases in regular ...
Dec. 22—The Fairfield Glade Community Club board of directors approved its 2022 budget last week with an increase in the amenity reserve fee and amenity fee schedule. "We have some 9,000 ...
In 2008, Morse settled for a $40 million class-action lawsuit that alleged that he had misused monthly community amenity fees. [11] The IRS investigated the special tax districts Morse used for The Villages on the basis that the bonds sold by the districts did not qualify for tax-exempt status. [12]
In January 2008, the Villages Center CDD (VCCDD) was notified by the Internal Revenue Service of the IRS' intent to audit several recreational bonds issued in 2003 to determine compliance with tax regulations (mainly due to their status as municipal bonds which are exempt from Federal income tax). The IRS sent three "Notices of Proposed Issues ...
The monthly fees rise when further care is needed (assisted living average $4,400; nursing care average $8,200). Pay as you go: Residents pay a lower entrance fee (average $238,000), but initial monthly fees (average $2,000) increase when additional care is needed (assisted living average $4,300; nursing care average $7,700)
Through these fee increases, the Seattle Parks and Recreation Department anticipates an additional $3.3 million in revenue in 2025. Out of the $3.3 million in additional revenue, approximately ...
The 2010 population of The Villages CDP is 51,442, a 517.3% increase since the 2000 census. Still, it's less than the estimates, which: 1. May include areas outside the CDP boundaries; 2. Count part-time (seasonal) residents; and 3. Falsely assume that past growth rates will continue at the same speed in the future.