Bayou Vista Message Board
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MUD 12 Meeting
Posted by Carrie Wortham on 4/18/2023, 9:57 amUser logged in as islesea1
The District's financial advisor was at the meeting and explained that neither the tax rate or the water rate will increase with the bonds. The meeting is on Facebook in the Civic Discussion forum for Bayou Vista, Texas. Basically, as the maintenance and operations costs decrease because of the work completed to modernize the plant, that money is moved to cover the debt balance on the bonds. Same as the current bond.