PROFESSIONAL ANALYSIS
The re-imposition of the Inverrary Safe Neighborhood Assessment under Florida's Safe Neighborhoods Act (Ch. 163, Part IV, F.S.) reinstates a two-part levy — a flat charge capped at $500 per parcel plus an ad valorem component of up to 2 mills — on properties within the Inverrary Safe Neighborhood Improvement District. For a property assessed at $300,000, the millage alone adds up to $600 annually on top of the flat fee, making total exposure potentially exceed $1,100 per year. Real estate professionals underwriting Inverrary acquisitions or refinances must factor this district assessment into net operating income calculations and buyer disclosures. Title and closing attorneys should confirm the assessment's lien status and confirm no arrearages exist at the time of transfer. The re-imposition at this meeting constitutes a formal legislative act requiring commission approval, and if structured as an ordinance, this reading's outcome determines whether the levy continues into the next fiscal cycle without interruption. The Signal: Inverrary property owners and investors should obtain the final certified assessment roll and millage confirmation immediately after the September 29 vote to update carrying-cost models and ensure timely disclosure in any pending transactions.