Expansion of Waterset South Community Development District

Original title: CDD 26-0200 PETITION TO EXPAND THE WATERSET SOUTH COMMUNITY DEVELOPMENT DISTRICT (CDD) Approve expansion of the Waterset South Community Development District (CDD) in accordance with the attached ordinance. No direct financial impact to the County will occur as a result of this petition. The expansion is estimated to increase the construction budget by $6,153,709.10, of which $3,640,000 is anticipated to be funded with long-term CDD bond proceeds. Of the total $124,116,617 budgeted for total development costs, approximately $25,841,047 (or about 20.82%) of infrastructure development costs is expected to be financed with CDD bonds.

Record date · January 13, 2026

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What This Bill Does

The Board of County Commissioners has approved the expansion of the Waterset South . This expansion increases the project's construction budget by over $6.1 million, with a portion of infrastructure costs to be covered by long-term CDD bonds.

Why it matters

The expansion authorizes the development of additional infrastructure within the district, with approximately $25.8 million of the total $124.1 million development cost expected to be financed through CDD bonds.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Waterset South CDD residents

Residents within the district are subject to the financial obligations and infrastructure management of the CDD.

Not affected

Hillsborough County

The county government reports no direct financial impact from the approval of this petition.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Will this expansion cost the county taxpayers money?

The document states there is no direct financial impact to the County as a result of this petition.

How is the infrastructure for this development being paid for?

Approximately $25.8 million of the total infrastructure costs are expected to be financed through the issuance of CDD bonds.

What else do you want to know?

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Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection90% confidence

CDD Bond Reliance

Approximately 20.8% of the total development infrastructure costs are being offloaded to bond financing, a common mechanism for large-scale residential developments.

Waterset South Community Development District