Fort Bend County M.U.D. No. 23 is located within Fort Bend County, Fort Bend
I.S.D., and the City of Houston extra-territorial jurisdiction. It was created
February 15, 1978, and currently encompasses 1301 acres containing approximately
3,500 single family homes, three elementary schools, and multiple retail
establishments.
M.U.D. 23 has five board members whom are all property owners and live in the
district. Two Directors live in Teal Run, one lives in the Estates of Teal Run
and two live in Teal Run North. The board meets on the
fourth Thursday of each month at 6:30 p.m. in the offices of our attorney. Our fiscal year
runs January 1-December 31. The property tax rate for 2009 is $1.00 per $100
valuation. This rate is down from a high
of $1.80 in 1992. Based on the 2009 tax rate, annual M.U.D. taxes for a home
valued by the Fort Bend Central Appraisal District at $100,000 would be $1,000.
For most of us with mortgages, these taxes are paid by the mortgage company from
our escrow account.
The total amount of bonds AUTHORIZED by voters since creation of the district is
$90 million. The amount of bonds ISSUED to date is approximately $55 million.
When bonds are issued, that means the district actually SELLS that amount in
bonds, receives the proceeds to pay for infrastructure construction, and then
begins making debt service payments to repay the amount sold. We have the
authority to issue up to $90 million, but at this time we have only issued and
incurred debt on $55 million.
Teal Run Trail Clean Up Event
Fort Bend MUD 23 organized a trail clean up and repair event on
Saturday, March 6th. A good number of volunteers showed up
thanks mostly to the large number of participants from
Christ Character
Church. Some of the tasks completed that day: repaired
pave stones, picked up trash, and applied weed control products.
More community clean up events for other areas of the District are
being planned for future dates. Check back here for updates.
Visitors Since
July 2007
Receive Important updates
For
any questions regarding water service:
Municipal
District Services, LLC Billing and
Service: 281-290-6507
The content contained in this
website is provided by Fort Bend Municipal Utility District No. 23
(the "district") as a service to you. This website and the
information contained herein should not be relied upon or used as
information for the purposes of securities disclosure about the
district or its financial condition. Persons should not rely
upon this information when considering whether to buy, sell or hold
bonds issued by the district. All information contained herein
speaks only as of the date indicated. The district assumes no
duty to update any information contained in this website at any
time.
