A property in a California Mello-Roos district has a base Proposition 13 property tax of 1% on its assessed value of $600,000, plus a Mello-Roos special tax of $3,200 per year. What is the total annual property tax bill for this property?
Correct Answer
A) $9,200
The base Proposition 13 tax is 1% × $600,000 = $6,000. Adding the Mello-Roos special tax of $3,200 gives a total of $6,000 + $3,200 = $9,200 per year. The Mello-Roos tax is added on top of the standard property tax.
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