I see your point about schools with more students and teachers but new utilities have to be paid by developers. If sidewalks, power and sewer have to be added to build 1000 stucco boxes, the developers have to pay. Upkeep of those stucco boxes is payed by mello roos but what happened to the 1% of property tax collected by the city? The city will collect money from these new developments without mello roos. Isn’t this 1% tax supposed to be applied to the same costs? 1% of a $500,000 stucco box is $5000/year… where does that go? (I think the state gets around 99% but the city gets around 1%. I choose not to ponder where the 99% goes).
While I am pleased I will be locked in at the same property tax percentage because of prop 13, I do not think mello roos should make up the difference for the city. Mello roos is having unforeseen consequences on communities (aformentiond Mystic Point): it is driving away buyers from properties.