A Municipal Utility District (MUD) refers to a political entity under the State of Texas that is given authorization by the Texas Commission of Environmental Quality (TCEQ). Their responsibility includes providing water, drainage, sewage, as well as other services related to utility, provided that they are within the boundaries of the MUD.
Counties and cities within Texas have utilized MUDs for several decades already. These districts also assist developers and municipalities in funding utility projects, as well as developing residential areas. Understanding how MUDs work helps in maximizing the benefits that they offer.
What is the Nature of a MUD?
By nature, MUDs offer alternative financing methods that create limited, independent…