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Report: Mello-Roos tax districts lack oversight

2015-07-02 13:18:49| Agriculture - Topix.net

Property owners who are taxed under the Mello-Roos act through community facilities districts can pay their entire, decades-long tax obligation at once. The grand jury report noted that this fact is largely unknown, but apparently at least one person already was aware: a customer in the Santa Margarita Water District recently paid $3 million to cover their Mello-Roos bills through 2038.

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