A unique form of financing used by cities, counties, and other similar districts in order to fund large-scale products in that district such as the construction of schools or roads. In order to be able to use this kind of financing, the voters in the district must approve the formation of a Mello-Roos district by a vote (two-thirds must be in favor of the decision). Once the district has decided to become a Mello-Roos district, the money spent to finance one of these projects is repaid by the voters through taxes. This is officially called the Community Facilities District Act, but is commonly called Mello-Roos due to Senator Mello and assemblyman Roos who co-authored the act.
Related information about Mello-Roos:
- Mello-Roos - Wikipedia, the free encyclopedia
The Community Facilities District Act (more commonly known as Mello-Roos) was a law enacted by the California State Legislature in 1982. The name ...
- About Mello-Roos - California Tax Data
Mello-Roos is a form of financing that can be used by cities, counties, and special districts (such as school disricts). Mello-Roos Community Facilities Districts ...
- Realty Times - What Exactly Is Mello-Roos? California Home Buying ...
Jun 10, 2009 ... Many prospective homebuyers in California are becoming increasingly aware of the term Mello-Roos when looking to purchase new and used ...
- What is Mello-Roos? California - County of Imperial
Any County, City,. Special District, School. District or Joint Powers. Authority can establish a Community. Facilities District for the purpose of financing ...
- RSM Website - Mello-Roos / CFD Search
To find which Mello-Roos Districts affect your property, type your address in the box below. Applicable Mello-Roos Districts will appear on the right hand side.
- Chula Vista East Side's Mello-Roos Mess | San Diego Reader
Sep 19, 2012 ... Chula Vista's east side residents pay more school taxes than the west side.
- What are Mello-Roos taxes? (Irvine, Orange: sale, condo, how much ...
Apr 26, 2007 ... What are Mello-Roos taxes? What is the percentage on the dollar for Mello-Roos taxes? Thanks!
- Antioch Mello Roos District
The Antioch Mellos Roos Board (CFD 1989-1) is a joint powers authority established by the Antioch Unified School District and the City of Antioch for the ...