Myakka Ranch Community Development District (“District”) is an independent special district, created pursuant to and existing under the provisions of Chapter 190, Florida Statutes, and established by the Florida Land and Water Adjudicatory Commission Rule 42KKK-1.001 on March 8, 2008. The District includes within its boundaries approximately 1055.10 acres of land located in Sarasota County.
DISTRICT INFRASTRUCTURE AND PROPERTY
The District has not yet raised funding to install its planned public infrastructure improvements nor does it own any real property.
DISTRICT ANNUAL BUDGETS
The District annually approves an operations and maintenance (“O&M”) budget, which outlines the expected general revenues and expenses for the District. There is no annual debt service budget since the District has yet to issue any indebtedness.
DISTRICT ANNUAL NON-AD VALOREM ASSESSMENTS
The District is currently being funded by the Developer.