iacrenter said:
I read this article in the OC Register 3 days ago (should be freely accessible):
http://www.ocregister.com/articles/bonds-609532-district-schools.html
It talks about "premiums" tacked on to school bonds and how tax payers are stuck with the bill.
I wonder how much of a premium is built into or on top of the 2 TUSD bonds for OH?
Thanks iacrenter. I can see the article without a Register account.
Living in CV I know I'm paying a pretty penny for Mello Roos for the new schools but I would be paying an even prettier penny if I lived in a bad neighborhood and had to send my kids to private school.
I know a lady that used to live in Westpark with 3 kids. She had to move to the new homes in Tustin (off of Walnut) because she needed more space. Her kids now attend Curry Middle School and Tustin High and she is so upset at the poor quality of the school compared to Irvine. She did send them to private school for a while but can no longer afford it. She did transfer one kid to Pioneer Middle School but was upset at how the teachers don't really teach there ...
just all the kids are super smart and spoiled with private tutors.
She is waiting for her 2 years to be up so she can sell and move back to Irvine and would rather pay Mello Roos than to deal with Tustin USD.
Some food for thought there.