Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a Mello Roos?

Mello roos
0
Posted

What is a Mello Roos?

0

A Mello Roos is a special tax or bond for a community facility project approved by vote of 2/3 of the electors. Electors are either registered voter (if 12 or more in the district) or landowners who voter based on acreage. These types of bonds are normally issued for 30 years and will be billed with your property taxes.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.