HomeMy WebLinkAboutFwd [External]CFD 90-2 Mello-Roos tax questionFrom: Jason Simpson Sent: Wednesday, November 27, 2024 2:25 PM To: Shane Spicer Subject: Fwd: [External]CFD 90-2 Mello-Roos tax question Attachments: RMA - CFD 90-2.doc Jason Simpson Begin forwarded message: From: Jason Simpson <jsimpson@lake-elsinore.org> Date: November 27, 2024 at 2:23:08 PM PST To: Joe Nelson <jnelson@scng.com> Subject: Re: [External]CFD 90-2 Mello-Roos tax question Rate and Method of Apportionment (RMA), which specifi es a 25-year
maturity period starting from the issuance of building permits for the parcels within 90-2. Depending on when the home is built. The assessment
terminates after 25 years. Some were done paying already and already fell off. Mr Kilroy had about 18
or so years paid. So 7 years of no assessment for his parcel. Sorry. I am out of the office today. Jason Simpson On Nov 27, 2024, at 10:24 AM, Joe Nelson <jnelson@scng.com> wrote: Message from external sender. Use Caution. So looking at the resolution the Council adopted in June, this Mello-Roos tax had been a recurring tax on Tuscany Hills residents for infrastructure improvements in the
neighborhood, to terminate on June 30, 2025? Is that correct? This tax, an average of $2,000 per resident, was ongoing for roughly 35 years?
Joe Nelson Investigative Reporter Southern California News Groups 951-533-9103