Mello-Roos is a special tax imposed on those property owners that are located within a Communities Facilities District. This district has chosen to seek public financing through the sale of bonds for the purpose of financing certain public improvements and services.
These services may include parks, streets, sewage, water, infrastructure, drainage, electricity, and police protection for the newly developing areas. The tax you pay is used to make the payments of principal and interest on the bonds.
Your Mello-Roos tax is typically collected with your general property tax bill. These special tax payments are subject to the same penalties that apply to regular property taxes.
The Mello-Roos tax will stay in effect until the principal & interest on the bonds are paid off, but in no case shall exceed 40 years. The amount of Mello-Roos tax may vary from year-to-year, but may not exceed the maximum amount specified when the district was created. This is often specified in the public report or Resolution of Formation.
The Mello-Roos tax is assessed against the land, and not based on the value of the property. Therefore, the possible increase or decrease in value does not affect the amount of tax when the property is sold.
Any delinquent payments must be satisfied before the sale of the property since the unpaid amounts are a lien against the property.
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