Approval of Balm Grove Community Development District Expansion

Original title: CDD 22-0659: Balm Grove CDD Expansion Petition Approved

July 28, 2022

Community Development District Infrastructure Local Government Land Use

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The Frame

What this does

The expansion of the Balm Grove CDD authorizes the district to manage infrastructure development for the area, with approximately $21.5 million of the $47.6 million in project costs to be funded by long-term bonds.

Who is mentioned in the record

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

Balm Grove Community Development District

The district's geographic boundaries are expanded, and it is authorized to oversee the specified infrastructure development.

What changed

Last recorded activity July 28, 2022.

What's next

Next step not available in the current record.

Summary

The local government has approved a petition to expand the Balm Grove . This expansion involves infrastructure development costs totaling over $47 million, with a portion to be financed through long-term 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

What is a Community Development District (CDD)?

A CDD is a special-purpose government unit created to finance and manage infrastructure and community development services for a specific area.

Will this expansion cost the county money?

No, the document states there is no direct financial impact to the county.

How will the infrastructure development be paid for?

The project has a total budget of $47,610,941, with about 45% ($21,496,483) expected to be funded by long-term CDD bonds.

Why It Matters

News Coverage

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Connected Entities

dollar_amount$47,610,941“Total budgeted amount for CDD development”Map →

locationBalm Grove“The location of the CDD”Map →

dollar_amount$21,496,483“Estimated amount funded by CDD bonds”Map →

locationCounty“The County is not directly impacted”Map →

organizationCDD“The Community Development District”Map →

organizationBalm Grove Community Development District“The CDD being expanded”Map →

Sources

Open source document

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Analysis Score

0–100

Significance65
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz15
Current news / social attention level

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