[quote=SK in CV][quote=all][quote=bearishgurl][quote=all][quote=bearishgurl]SK, I was referring to outlying areas. Carmel Valley is not really outlying, and, in any case, a portion of its MR bonds should now be ~10 years from maturity/retirement.[/quote]And no true Scotsman…[/quote]
What about the subdivisions which were built in Carmel Valley in the very early nineties??
[quote=all]Carmel Valley is not outlying, but the area right next to it is?[/quote]
Yes.
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Carmel Mountain Ranch was built in very early nineties, it is in PUSD and there is MR. Santaluz is halfway between CMR and CV, about three miles from either. Another 3 miles from a business park that hosts Sony, Nokia, Broadcom, HP… Santaluz is an outlying area only if you are observing the world from a Tijuana suburb.
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I would tend to agree. Carmel Valley is no more of an outlying (or at least as much of an outlying area) as Santa Luz. Escondido is more outlying, and if there have been MR abuses there, I haven’t heard much of them. Same with some of the other truly outlying areas that had major development over the last 15 years…San Marcos, Vista, Oceanside. Maybe there have been problems, but if so, they haven’t been near as public as the problems in the PUSD.
And I’m pretty sure there are some MR that are fully paid off in Carmel Valley.
The problem seems not to be the design of the MR laws, but rather abuse of the process. Should be a warning to us all, pay attention to the political process and get people elected who will make wise financial decisions and vote those who haven’t out of office.[/quote]
I totally agree. I don’t consider Carmel Valley and Santaluz as “outlying areas”. Not at all. I mean they both still have San Diego addresses! LOL.
As well, EXCELLENT comment about it not being the design of the Mello Roos laws but the abuse of the process and oversight of the spending.
As I mentioned, there are many times when Mello Roos taxes are needed and developments would probably never get off the ground without them. They can and do make sense. However, what seems to happen with this type of thing is that implementation often times gets corrupt and random people start getting access to the funds and they use it as their personal piggy bank.
What we need is a full accounting of the past Mello Roos tax intake and a full accounting of where the funds have gone over the years, a complete breakdown of district by district which schools or what things this money has been spent on.
And again, I’m still waiting for an explanation why they need 200 checking accounts for these funds. And also who can access these funds.
I agree we need to get ANYONE out of office via recall or other legal means that might be breaking the laws and using these funds for purposes they weren’t intended for. And make sure we send a strong message to any possible incoming officers that we as taxpayers won’t put up for this kind of fraud and abuse of power.
The biggest problem I see is that this sort of thing seems to be generally accepted over time. Incoming administrations might see past administrations using funds for unintended/illegal purposes and then they think it’s ok for them to as well. And the fraud and abuse just becomes sort of institutionalized.
WE as taxpayers need to stop this and totally nip it in the bud. And once it’s stopped, make sure there is clear and proper and regular oversight of the spending.
