In 2002, the residents of Waterford Oaks subdivision petitioned to become the city's second Public Improvement District (PID). The special district, established by State statute, levies an additional assessment on all properties within specific boundaries. Typically a percentage of the appraised value of the property, the assessment is reflected on the annual tax statement and confers a special benefit on definable parts of the improvement district. The PID is authorized to make improvements to public spaces including right-of-ways, and parks with the cooperation of the Cedar Hill Parks Department.
Projects may include, but are not limited to:
Landscaping, erection of fountains, distinctive lighting, and signs
Acquisition or construction of sidewalks, or other projects in public right-of-ways
Establishment or improvement of parks
Enhanced police patrol
The Waterford Oaks PID, created December 10, 2002, has a current assessment of 0.10¢ per $100 valuation. Example: Appraised value $150,000 ÷ $100 x 0.10¢ = $150/yr. The annual operating budget for fiscal year 2009-2010 is estimated at $115,600, assuming 100% collection of proposed assessment roll.
PID Governing Body Regulations
The PID is governed by 7 at-large directors elected by residents and appointed by the Cedar Hill City Council to serve staggered terms of two years, subject to the terms and conditions of the City Council approved by-laws established for the district.
Public Improvement District Meetings Waterford Oaks PID Meeting The July meeting will be at the Waterford Oaks Park, 320 North Waterford Oaks at 3:00pm on Saturday, July 12, 2014. Immediately following the meeting, neighbors will enjoy refreshments and music. All residents are encouraged to attend between 3:00 - 6:00pm.