Quick Facts about Mello-Roos
August 4, 2011 by Gary Harmon · Leave a Comment
How is community funding provided? Let’s say for example, that plans for a new Carlsbad school are approved in your Community Facilities District. To finance the San Diego school, tax-exempt municipal bonds are issued. These public bonds are repaid (or secured) over an extended time through the levy of a special tax (Mello-Roos) on properties that […]
