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HomeMy WebLinkAboutRe [External]CFD 90-2 Mello-Roos tax questionFrom: Jason Simpson Sent: Wednesday, November 27, 2024 2:23 PM To: Joe Nelson Subject: Re: [External]CFD 90-2 Mello-Roos tax question Attachments: RMA - CFD 90-2.doc Rate and Method of Apportionment (RMA), which specif ies a 25-year maturity period starting from the issuance of building permits for t he parcels within 90-2. Depending on when the home is built. The assessment terminates aft er 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 J une, this Mello-Roos tax had been a recurring tax on Tuscany Hills residents for infrastructure improvements in the neighborhood, to terminate on Ju ne 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