Annual

Fiscal Records

The financing of all District operations, as authorized under Florida Statutes (“F.S.“), is annualized on a Fiscal Year ("FY") basis.  This simply means that the District operates on the same financial accounting calendar as other governmental entities, with the fiscal year beginning on October 1st and ending on September 30th of the following year.

Financial documents of the District are generated once per-year and compiled into three fiscal record categories; Operating Budget, Property Assessments, and Financial Audits (prepared by an independent auditing firm).  Upon review and acceptance by the Board, these records are made available for public dissemination and posted on this webpage.

As a matter of simplification and clutter reduction, it is the policy of the Harmony District to retain no more than seven (7) years of records in on-line webpage listings.  After that, records are consigned to archival compilations with oversight by the Records Officer.

If you find any record on this website that is not screen-readable, please report the issue to our website Administrator and request a copy that is fully ADA Compliant.  We will take immediate steps to ensure that the situation is remediated.


Operating Budgets

The Board establishes its operating budget annually in accordance with the process set forth in “F.S.Chapter 190.008.  The operative words here are "approve" & "adopt".  The Board must first approve a proposed budget, and then provide it to Osceola County at least sixty (60) days prior to the mandatory Public Hearing; at which time the Board will adopt its annual budget, and impose & levy the resulting non-ad valorem assessments.

The budget for the Harmony CDD (“HCDD”) consists of the following budget elements:

  • general fund budget (administration and general operations & maintenance of the District and its common areas)
  • debt service budget (repayment of bonds issued for public infrastructure for the common areas, including the amortization schedule)
  • assessment schedule (list of O&M and debt assessments for each product type for the fiscal year, levied pursuant to “F.S.” Chapters 120, 170, 190, & 197)

Adopted Budget:

If you are interested in an Adopted Budget for a fiscal year prior to 2014, you may search the records library.  If what you are looking for is not available there, please contact the Records Officer (contact details are in panel along right-side of page).


Property Assessments

Property owners in the Harmony CDD (“HCDD”) are billed annually via Osceola County real estate tax bills that are sent in November of each year.  The amount of the assessment is based on the lot type, as shown in the yearly schedules below.  Additional information on the Why, How, & What of CDD assessments is available on the District FAQ webpage.

The assessment is made up of two parts: annual Operation & Maintenance (O&M); and Debt Service.  The O&M portion of the assessments may vary from year to year.  The Debt Service portion equates to the property’s pro-rated allocation of outstanding District bonds and is fixed over the life of the bonds.  A home owner may choose to pay down this Debt assessment early, either in part or in whole, which will either reduce or eliminate the annual Debt assessment levied on their property.  The approximate value of the Debt Service payoff is provided in the Par Balance column of the Assessment Schedule for the current Fiscal Year.  An estoppel certificate for a pay down may be obtained by contacting the Assessment Department of the HCDD District Management Contractor:

Assessment Schedule:

If you are interested in an Assessment Schedule for a fiscal year prior to 2014, you may search the records library.  If what you are looking for is not found there, please contact the Records Officer (contact details are in panel along right-side of page).


Financial Audits

As the District’s audited financial statements are prepared by an independent auditor, and accepted by the Board, they are posted on this webpage for public dissemination.  To view your choice of financial audit summary reports, visit the Local Budgets portal of the Chief Financial Officer’s Transparency Florida webpage (see also Related Links page).

Audit Report:

If you are interested in an Audit Report for a fiscal year prior to 2012, you may search the records library.  If what you are looking for is not there, please contact the Records Officer (contact details are in panel along right-side of page).


HCDD Fiscal Records are ADA Compliant & NVDA Readable.
If you need an “Attestation” copy of any of these records,
 please submit an email request to our Records Officer.