Financial Information
Disclosures related to Properties and Tax Rates
The District was created and is organized under Chapter 36 of the Texas Water Code. All taxable property within Victoria County is considered to be within the district for the purposes of establishing tax rates. The Board of Directors has established a tax rate for the maintenance and operation of the district. The tax rate for maintenance and operations adopted for the current year is listed below. The district has not issued bonds.
Tax Rate and Budget Information as required by Sec 26.18 of the Tax Code
Members of the governing body:
- Precinct 1: Mr. Jerry Hroch
- Precinct 2: Mr. Thurman Clements, Jr.
- Precinct 3: Mrs. Barbara Dietzel
- Precinct 4: Mr. Mark Meek
- At Large: Mr. Kenneth Eller
The budgets of preceding years:
The proposed or adopted budget for the current year:
Order Adopting Budget - FY2025 - 20240809Fiscal Year 2024-2025 Budget - Adopted 20240809Fiscal Year 2024-2025 Budget - Adopted 20240912
The change in the amount of the budget from the preceding year to the current year by dollar amount and percentage:
- Preceding Year Net Budget (FY2024): $127,600 (Surplus)
- Current Year Net Budget (FY2025): $186,200 (Surplus)
- Change in Amount of Budget: $114,899 58,600
- Percentage of Change: 51%
The amount of property tax revenue budgeted for maintenance and operations:
- three years previous (FY2022): $669,947
- two years previous(FY2023): $696,388
- one year previous (FY2024): $748,600
- current year (FY2025): $754,300
The amount of property tax revenue budgeted for debt service:
- three years previous: $0
- two years previous: $0
- one year previous: $0
- current year: $0
The tax rate for maintenance and operations adopted:
- three years previous (FY2022): $0.008000/$100 of taxable value
- two years previous (FY2023): $0.008000/$100 of taxable value
- one year previous (FY2024): $0.006990/$100 of taxable value
- current year (FY2025): $0.006720/$100 of taxable value
The tax rate for debt service adopted:
- two years previous: N/A
- one year previous: N/A
- current year: N/A
The most recent financial audits: