special service area: What is a SSA-Special Service Area - 06/02/09 09:32 AM
What's an SSA (Special Service Area)?
A Special Service Area (SSA) and a Special Assessment (SA) are two types of financing tools that can affect a community home owner. 
An SSA is a way to finance a subdivisions' continuing maintenance costs by allowing the subdivision itself to pay for the costs instead of the Village as a whole or a Homeowner's Association.  The amount is added to each property's tax bill and is only for the cost of the maintenance of the subdivisions public service areas such as storm water basins, landscaping, etc.  The cost to the individual is much less … (0 comments)