When purchasing a home, your monthly payment typically includes principal, interest, property taxes, and insurance. In many Santa Clarita neighborhoods, buyers may also see a special tax called Mello-Roos, tied to a Community Facilities District (CFD).
Mello-Roos is a special tax used to help fund public improvements and services in developing areas, such as:
- Roads and infrastructure
- Schools and parks
- Police and fire services
- Water, sewage, and drainage systems
How do I pay it?
Mello-Roos is usually collected through your property tax bill.
How long does it last?
It typically remains in effect until the bonds and associated costs are paid off.
How much is it?
The amount varies by district and is capped at a maximum set when the district was formed. For new construction, it’s often included in the public report.
For more information: www.clta.org