Home › Forums › Financial Markets/Economics › Paying off Mello Roos › SK in CV wrote:xgliu128
[quote=SK in CV][quote=xgliu128]found an interesting presentation from PUSD about bonds issued. http://www.powayusd.com/news/PDF_Files/2012-13/BondMeasurePresentation_Aug202012.pdf
slides page 49 contains might be the most controvercial bond
Prop C-Ser. B 2011
principle: $105,000,150 terms: 40-Years total payment: $981,362,327 payment ratio:9.3463
anyone knows which item in tax bill is for this bond?[/quote]
Unlikely it would appear on a tax bill. It’s a general obligation bond of the school district, not tied to any property.[/quote]
It’s funded by extending the payout of the original 2002 bond ($55 per $100K) for another 11-14 years.
