What is Travis County Municipal Utility District (MUD) No. 16?
Travis County MUD No. 16 (the “District”) is a municipal utility district and political subdivision of the State of Texas created on March 29, 2005, by order of the Texas Commission on Environmental Quality (the “TCEQ”), consisting of approximately 467.88 acres of land.
Generally, the objective of a MUD is to provide various services, such as water, wastewater, drainage, and certain other improvements and services to areas where municipal services are not otherwise available. MUDs are authorized by the Texas Constitution and Texas Water Code to acquire and construct such facilities in order to provide the various services. Specifically, the District was created to bring water, wastewater, drainage, and park and recreational facilities to serve Rocky Creek.
As a MUD, the District can be described as a fundamental form of local government because it provides municipal-level services, has elected officials, is authorized to assess and collect taxes, and is authorized to sell bonds to pay for the cost of facilities it provides.
As a political subdivision, the District is highly regulated. Its meetings and records are open to the public, including meeting minutes, its annual audit, and the rules and regulations referenced below. For the duration the District has outstanding bonds, it must annually file updated financial and operating data with the Municipal Securities and Rulemaking Board through its Electronic Municipal Market Access (EMMA) system (https://emma.msrb.org/), which is designated by the U.S. Securities and Exchange Commission as the official source for municipal securities data and disclosure documents.
Through TCMUD No. 16’s website you can easily find links to the following services: