When new property owners are added to the community, shouldn’t assessments go down?

While new development generates revenue from new neighborhood property assessments, such development also adds to our community’s expenses. Often the developer turns over new roads, ponds, and common areas as soon as possible. This means the Property Owners Association (POA) must absorb the property tax and maintenance costs for these parcels, usually before all the nearby homes are sold. This means there’s a period of time where the expense related to new development comes before any associated new income from these neighborhoods.