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Wednesday, August 20, 2008

City Decreases Playa Vista Mello-Roos Rates by 16%

Mello-Roos taxes have finally decreased after months of talk and speculation around Playa Vista. The City of Los Angeles has levied a 16% decrease from actual rates for Community Facilities District Number 4 (CFD No.4) - aka Playa Vista - Phase 1.

Average Playa Vista homeowners (1,450 - 1,650 SF) will see a $558.60 savings on this year's (FY 08-09) tax bill.

To learn more about Mello-Roos and recieve a complete list of current rates, click here.

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