Yikes! I knew it was over $100,000 for a Mello Roos payoff in Del Sur but that is crazy! I guess part of the reason is it’s newer and developments like Santaluz have already been paying on it for 10 years.
But that pay off is insane! IMHO.
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Don’t know, plenty of developments that came about around the same time with much lower MR.
might be something for the Voice of SD reporter to look into.[/quote]
Yeah, you’re right OCR. I can’t for the life of me figure out why the MR taxes are so dang high in Del Sur.
I was really surprised to read the KPBS links today about how PUSD is misusing our CFD taxes. Did you read those links? I was also surprised to read they take our CFD taxes and use them in NON-CFD school districts. Also, to buy lunches, put seminars, etc. This was NOT the intended purpose of CFD taxes.
I wrote in to my City Councilman today for the District to ask him about this. Hopefully I hear back. It was shocking to read.