HOMEOWNERS ASSOCIATION (HOA) – The purpose of the HOA is to provide residents with well-maintained common areas within each neighborhood, including the care of the entries, green spaces, utilities, ponds, fences and other features. Fee: Each resident is a part of a Residential Property Owner’s Association and may be subject to an additional association fee or sub association fee based on neighborhood, including condominiums and patio homes. View the neighborhood’s page for more details.
COMMUNITY DEVELOPMENT AUTHORITY (CDA) – The purpose of the CDA is for the funding, ownership and maintenance of certain infrastructure improvements (such as roads, streets, sanitary sewers and waterlines) and certain amenities (such as parks, open spaces and community facilities). Fee: Rate of 9.5 mils – $365.50 per $100,000 of market value.
COMMUNITY CENTER –
The annual charge is based on the budgeted expenses for the community center(s) within the boundaries of the Jerome Village Community Authority for that year. The amount of this charge for 2023 is $455.00. The annual cap is subject to increase each year by a percent not to exceed the Consumer Price Index for that year.