When the County Council passes the resolution forming the district, it also approves a special taxing methodology for the district. The County follows this methodology each year when it determines the Development District Special Tax and Special Assessment rates. Basically, the County estimates the value of the district at full build-out, and sets the Development District Special Tax at a rate sufficient for the residential property in the district to pay its share of debt service when the district is fully built out. That rate is applied to the assessed value of all property and improvements in the district. For property that is not fully assessed (e.g., the full value of the land and improvements is not showing up yet on the tax bill), and for commercial property, the Development District Special Assessment is levied to make up the difference. For developed residential property, taxpayers should only see a Development District Special Tax. There may be some exceptions if the timing of the property transfer occurs between when the taxes are determined and when the tax bills are sent.