Municipal Utility District

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Municipal Utility District

In the United States, an area for which a government-owned utility company provides electricity, water, and/or other utilities. The company may be authorized to issue bonds to finance its operations. These bonds are generally exempt from federal taxes. See also: Rural Water District.
References in periodicals archive ?
Say what you will,'' the government takeover advocates reply, ``when push came to shove, the municipal utility districts of California are in great shape, while the private utilities are a basket case.
5% in part due to the debt of the numerous municipal utility districts in the region
The overall debt burden is also high as a ratio of TAV due in part to the debt of the numerous municipal utility districts in the region.
The report notes the impact of restrictive legislation mostly will affect development-reliant credit types, such as tax allocation bonds, special assessment debt and obligations structured by state-specific structures such as Mello-Roos debt in California and Municipal Utility Districts in Texas.
The overall debt burden is high as a ratio of TAV due in part to the debt of the numerous municipal utility districts in the region.
The overall debt burden is high as a ratio of taxable assessed valuation (TAV), due in part to the debt of the numerous municipal utility districts in the region.
Proceeds will be used to defease and refund for interest cost savings certain public improvement bonds outstanding and certain tax-supported bonds issued by annexed municipal utility districts that have become assumed obligations of the city.
Additionally, new money proceeds will finance improvements in annexed municipal utility districts, as well as provide for demolition of unsafe structures.
5 million in remaining authorization will be issued through fiscal 2005, the overall debt burden, which reflects the debt of numerous municipal utility districts, should decline modestly from the current high 8.
With more than 300 different partnerships with cities and municipal utility districts, we strive to provide all our clients with the same high level of service that helped us earn these awards.
The City of Austin recently annexed the Circle C Municipal Utility Districts and dissolved the Circle C MUDs.
Senate Bill 1606 creates seven municipal utility districts (MUDs) covering the Barton Creek development, providing a financing vehicle for water, wastewater and drainage facilities.
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