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Community could always implement Mello-Roos tax which can be used to fund new infrastructure. Its how a lot of new communities pay for their schools and roads.
by adrr 10y ago
Community could always implement Mello-Roos tax which can be used to fund new infrastructure. Its how a lot of new communities pay for their schools and roads.
- refurb 10y agoThis is a great point that a lot of people miss. Yes, Prop 13 limits the increase in property taxes, but there are other ways to raise taxes collected on homeowners. When I was looking to buy a house in SF, I dug up a lot of the tax information and the Mello-Roos tax seemed pretty common.