A Florida special-purpose government (Chapter 190, F.S.) that finances and maintains community infrastructure. They are common across master-planned communities statewide.

Where does the CDD fee appear?

On your annual Sarasota County property-tax bill, as a non-ad valorem assessment line — not as a separate invoice.

Can I pay off the CDD early?

Sometimes — the debt-service portion is sometimes payable as a lump sum. Whether it's economically smart depends on your loan rate and how long you'll own. Talk to your lender first.

Does the CDD fee change?

The debt-service portion is fixed until the bonds amortize. The O&M portion can change annually based on the CDD's adopted budget.

Is the CDD the same as the HOA?

No. The HOA is a private nonprofit that maintains common areas and enforces architectural standards. The CDD is a public government entity that finances infrastructure. You pay both.

Skye Ranch CDD Fees — What They Are, What They Fund

A Community Development District (CDD) is a Florida special-purpose government that funds and maintains community infrastructure. Skye Ranch has its own CDD, and homeowners pay an annual CDD assessment on their property-tax bill.

A Community Development District (CDD) is a Florida special-purpose unit of local government created under Chapter 190 of Florida Statutes. CDDs are used widely across master-planned communities in the state to finance, build, and maintain major infrastructure — roads, stormwater systems, utilities, and amenity construction — without putting those costs on the broader county tax base. Skye Ranch has its own CDD. When the community was master-planned, the developer worked with the CDD to issue bonds that paid for streets, drainage, lakes, and the amenity infrastructure (including The Hub). Those bonds are paid back over time by the homeowners who benefit from the infrastructure — which is to say, all of us — through an annual CDD assessment. Two things to understand about the assessment: 1. **It appears on your annual Sarasota County property-tax bill.** It is not a separate invoice. Your tax bill will list ad valorem taxes (county, school, etc.) and non-ad valorem assessments (which is where the CDD line lives). 2. **It has two components.** The first is a debt-service portion that pays down the original infrastructure bonds — this is fixed and tied to your home. The second is an operations-and-maintenance (O&M) portion that funds ongoing maintenance of CDD-owned assets and varies year-to-year based on the CDD's adopted budget. Specific dollar amounts vary by village and home and change over time as bonds amortize and budgets are adjusted. The most reliable source for your specific assessment is your closing disclosure (if you're buying) or your current Sarasota County property-tax bill (if you own). A local real-estate agent can also pull the current assessment for any specific address. The debt-service portion is sometimes payable in full as a lump sum (an "early payoff") at closing or refinancing — this varies by CDD and bond series, and most owners simply let it amortize on the annual bill. Talk to your lender and title company before making this decision; the math depends on your loan rate and how long you plan to stay. The CDD is governed by an elected Board of Supervisors that adopts the annual budget at public meetings. As a resident, you can attend those meetings — agendas are posted publicly. **Important:** This page is a plain-English overview maintained by Skye Ranch Professionals as a resident resource. It is not legal or financial advice, and we are not affiliated with the CDD. For exact current assessment amounts, bond payoff figures, and policy questions, consult the CDD's official records, your closing documents, or a Florida real-estate attorney.

Skye Ranch CDD Fees Explained

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