Talega Residents for Fair Taxation
Recently, the CUSD Board of Trustees reduced its taxes and lower its debt by refinancing our Community Facilities District (Mello-Roos) bond. This resulted in a $17.4 million tax savings over 20 years which equates to $314 per affected property each year.
At the board's August 14th, 2013 meeting, the trustees voted to keep and spend our savings instead of reduce our property taxes, as originally promised. The same night, the same board voted to reduce taxes for Las Flores residents. Talega received no such reduction. This represents unfair taxation and unjust inequity for Talega residents.
We, the undersigned, advocate and demand that the board treat all taxpayers fairly. Like our CUSD neighbors in the Las Flores area, we too would like to realize our tax savings from the recent "Mello-Roos" bond refinance.