WHAT IS A PUBLIC IMPROVEMENT DISTRICT?
A PID is a defined geographical area established to provide specific types of improvements or maintenance within the area which are financed by assessments against the property owners within the area. Chapter 372 of the Texas Local Government Code authorized the creation of PID's by cities.


WHAT IS THE BENEFIT?
A PID allows for improvements and a higher degree of maintenance within the PID area which presumably enhances the property values.

WHAT IMPROVEMENTS CAN BE PROVIDED WITH A PID?
A PID improvement may include:

• Landscaping
• Erecting fountains, distinctive lighting, and signs
• Establishing or improving parks
• Projects similar to those previously listed
• Paying expenses incurred in establishing, administering, and operating the district.
  

WHAT HAVE WE DONE ALREADY WITH OUR PID?

• Rebuilt our Beltline entrance landmark and landscaped the area. The original was demolished when Beltline Road was widened, and because we did not own it and we had no PID at the time, we were left completely on our own to rebuild.
• Replaced the old, non-working, irrigation along the front median.
• Replaced the aging trees along the Waterford Oaks median with new trees that are better suited for this area and added all new landscaping.
• Worked with the City to get the old, broken, non-working streetlights along Calvert and Waterford Oaks replaced with standard lighting.
• Installed attractive, long-lasting fencing along Calvert Drive, probably our neighborhood's busiest entry.
• Installed "Waterford Oaks" engraved signs on both sides of the Calvert entry and on the south side of the Lowe entry.
• Installed irrigation and landscaped the Calvert entry.
• Displayed holiday lighting at our Beltline and Calvert entries for the first time ever.
  

WHAT ELSE DO WE PLAN TO DO WITH OUR PID?

• Pond Area – The Parks Dept. will continue to maintain the Park, but we may participate with them on some projects to improve that area, such as a new Gazebo.
• Additional neighborhood security will be considered when economically feasible.
  

CAN THE PID HELP WITH CODE ENFORCEMENT?

The PID has no jurisdiction over individual homeowners or their property; however, we encourage any resident to call the City’s Code Enforcement Dept. at
972-291-5100, ext. 3, and report any violations that you witness.  

WHAT IS THE COST TO ME FOR THE PID?
The Waterford Oaks PID currently has an assessment of 10 cents per $100 valuation of your home’s value per the Dallas County Appraisal District website. For example, if your home is valued at $120,000, your annual assessment would be $120, which is tax deductible. This assessment is paid with your mortgage payment into your escrow account, unless you pay your property taxes directly, in which case, it will show up as a line item on your annual tax bill.

PID funds are held at the City in an account that, by law, can only be used for our PID. The PID Board, which is elected by Waterford Oaks homeowners, direct how the money is spent.


CAN THE ASSESSMENT BE RAISED?
Yes, and it can also be lowered. If the Board felt it was necessary to change the assessment rate, the Board would have to recommend that change to the City Council. All homeowners in the PID would be notified, and a Public Hearing would be held. Keep in mind, the Board is made up of your neighbors – it is in their best interest to manage the money well and keep the costs down as the assessment is theirs too. High Pointe’s PID has had the same assessment of 10 cents since their inception 4 years ago, and they see no need for an increase.