HILLSBOROUGH COUNTY · LOCALlocal legislationPassed

Passed

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.

January 13, 2026

land use infrastructure community development district bonds real estate development

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The Frame

What this does

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 is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Waterset South CDD residents

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

County taxpayers

The document states there is no direct financial impact to the County.

What changed

Last recorded activity January 13, 2026.

What's next

Next step not available in the current record.

Summary

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.

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?

Infrastructure costs are being funded in part by long-term CDD bonds, which are expected to cover approximately 20.82% of the total $124.1 million development budget.

Why It Matters

News Coverage

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Discoveries

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

financial connection100% confidence

Bond-to-Infrastructure Ratio

The development relies on CDD bonds for approximately 20.82% of its total infrastructure funding.

Waterset South Community Development District

Connected Entities

organizationWaterset South Community Development District Map →

organizationBOCC Land Use Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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