mud tax: What is a MUD Tax?
- 05/10/13 07:41 AM
Lately I’ve had several clients relocating into The Woodlands, and they all ask what a MUD Tax is? A Municipal Utility District (MUD) is a special purpose governmental entity of the State of Texas. Regulated by the Texas Commission on Environmental Quality (TCEQ), the MUD’s primary function is to provide water, wastewater and in some cases, drainage services within its boundaries. A MUD may sell bonds, levy and collect taxes, provide and charge for water and sewer services, build infrastructure, condemn property, enforce restrictive covenants and make regulations to accomplish its purposes. How do they work? All Municipal Utility Districts are (1 comments)