Definitions for "Mello Roos"
A special tax imposed on property, individual lots or all property in the neighborhood to pay for improvements: street lights, sidewalks, toll roads, etc. Also known as Special Assessment.
Bonds used for developments that benefit a particular district (schools, prisons, etc.) and are secured by special taxes based on the assessed value of the properties within the district. Tax assessment is included on the county tax bill.
A special assessment tax that is used to build an infrastructure in newer areas or improve public facilities in older areas. The tax may be phased in over time, paid separate from your regular tax bill, or be included in your regular property tax bill. This tax may not be applicable in your area.