The acronym CDD stands for what?

Study for the Florida Mutual Recognition Test. Use flashcards and multiple choice questions, each with hints and explanations. Prepare thoroughly for your exam!

Multiple Choice

The acronym CDD stands for what?

Explanation:
In Florida, CDD stands for Community Development District. This is a special-purpose local government created to fund, build, and operate infrastructure and common facilities in a planned development, such as roads, drainage, utilities, and recreation amenities. It is funded by property assessments within the district (non-ad valorem assessments) rather than by general taxes, and it is governed by an elected board. The other names listed are not the term used for this entity in Florida law.

In Florida, CDD stands for Community Development District. This is a special-purpose local government created to fund, build, and operate infrastructure and common facilities in a planned development, such as roads, drainage, utilities, and recreation amenities. It is funded by property assessments within the district (non-ad valorem assessments) rather than by general taxes, and it is governed by an elected board. The other names listed are not the term used for this entity in Florida law.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy