Why does Bloomingdale have a special taxing district?
The purpose of the BSTD is to maintain a reserve of funds to pay for community repairs and improvements. How long have we had a special taxing district? A group of Bloomingdale residents petitioned the county in the mid 1980s to create a special taxing district for the Bloomingdale area. The Board of County Commissioners approved the petition and the BSTD was formed. BSTD President, Thom Snelling What area does the BSTD encompass? The BSTD area includes every home in Bloomingdale East and West, with the exception of River Crossing Estates in Bloomingdale East.* How much does the BSTD cost residents? The taxing district assessment for Fiscal Year 2007 is $100 per residence. In November 2006, a majority of homeowners in the district approved a $30 per year increase. A $130 per year assessment per residence went into effect in the Fiscal Year of 2008. The assessment is added to each homeowners annual property tax bill. With close to 5,000 homeowners currently in the district, more than $5
