Home Buying in 93036>Question Details

Jpack4651, Both Buyer and Seller in 01886

is the mello roos separate from your real estate tax?

Asked by Jpack4651, 01886 Sat Aug 25, 2012

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Yes, Mello-Roos is a separate tax from property taxes. Mello-Roos are special taxes that are commonly issued by an assessment district to raise money needed to build infrastructure (schools, fire station, utility lines, roads, etc.). The properties that directly benefit from the improvements are then levied as part of the annual property tax bill. You should be able to find your Mello-Roos special tax as a line item on that bill. In rare cases, a Mello-Roos district will send out its own bill.

Blanca Dover, REALTOR
Century21 Hometown Realty

Cell: 805-427-5646

Website: http://www.blancadover.com
Web Reference: http://www.blancadover.com
1 vote Thank Flag Link Fri May 3, 2013
When CA Prop 13 passed in 1978, it capped property taxes at 1% of the purchase price. With this restriction on property taxes, the Community Facilities District Act (Mello-Roos named after a Senator and Assemblyman) came into effect in 1982. This CFD Act allowed local government agencies to get community funding through sales of bonds specifically for public improvements and services for the respective district. On your tax statement, it will show up in the supplemental section as CFD (with number attached, i.e. #1, #5, etc).

If you are looking in 93036, I assume you are looking in Riverpark. There are normally 2 CFD fees that are quite high. I know an easy way of looking up the Mello Roos tax through the assessor's website. Contact me if you are interested.

Chris Chin
(805) 258-2870
chrischin@cobaltrg.com
1 vote Thank Flag Link Sat Aug 25, 2012
It is figured separately but paid together on your tax bill.
Good luck,
1 vote Thank Flag Link Sat Aug 25, 2012
You will pay it along with your property tax. It will just be a higher tax payment than for a home without mello roos. If there is any good news about Mello Roos, is that you can write it off on your taxes.
1 vote Thank Flag Link Sat Aug 25, 2012
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