Based on the possibility that a subsequent purchaser of a lot would not choose to seek the initial two-year reimbursement or would pre-pay their special assessments
, it was important not to assess the CID special assessment
on all lots equally.
In this decision, ALJ Paez wrote that the mining company assumed that the information contained in the special assessment
form was "merely factual.
2002), the high court concluded that EMS provided by a city did not confer a special benefit to real property, and, therefore, the special assessment
for those services was an invalid ad valorem tax clothed as a special assessment
The typical objective of an appraiser involved in a special assessment
assignment is to allocate the costs of the public improvement project to each of the affected property owners in direct proportion to the benefits generated by the project.
Congress avoided this controversy by providing that the special assessment
is included as a deduction under Sec.
The phase I and phase II bonds are secured by special assessments
levied upon and collected from property owners within the phase I and phase II areas, respectively of CDD No.
The first category consists of special assessment
FULLY DEVELOPED HIGHLY OCCUPIED TAX BASE: The phase 1 area, upon which special assessment
securing bonds are levied, is fully developed both horizontally and vertically.
Administrative and management support services are those services associated with the annual determination of the special assessments
to be collected from the property subject thereto; services shall include but not be limited to subdivision parcel research, special assessment
levy research, preparation of the annual assessment and calculation of administrative costs, county tax office communication, tracking of delinquent assessment fees and required PID reporting.
Even though their buildings had to be maintained and improved, condo associations were forced either to impose hefty special assessments
or put off expensive repairs until they had accumulated enough funds from common charges to pay for the work.
The maximum penalty is 1 year of imprisonment, a $100,000 fine or $25,000 for each day of violation, whichever is greater, a 1 year term of supervised release and a $25 special assessment
Here, the FSLIC extinguished the reserve through its special assessment