MAGNOLIA POINTE MUNICIPAL UTILITY DISTRICT NO. 1

Micha Phelps, President (Term Ends: 2028)
Kyle Austin, Vice President (Term Ends: 2026)
Matthew Ocenasek, Secretary (Term Ends: 2026)
Brandon Ledbetter, Director (Term Ends: 2028)
Jeff Tozier, Director (Term Ends: 2028)

16000 North Dallas Parkway, Suite 350
Dallas, Texas 75248
(972) 788-1600
[email protected]

N/A

• 2024: $0.95

N/A

• Notices of Public Hearing on Tax Rate
  • 2024 | 2023 | 2022 | 2021
• Orders Setting Tax Rate
  • 2024 | 2023 | 2022 | 2021

Residents of the District have the right to request the designation of a meeting location within the District under Section 49.062(g), Water Code. A description of this process can be found at https://www.tceq.texas.gov/assets/public/permitting/watersupply/districts/Form-20863.pdf.

The taxing unit’s budget for the preceding two years:

• Approved Budget – 2021
• Approved Budget – 2022

The taxing unit’s proposed or adopted budget for the current year:

• Approved Budget – 2023

The change in the amount of the taxing unit’s budget from the preceding year to the current year:

• $256,800; 128.4%

The amount of property tax revenue budgeted for maintenance and operations for the preceding two years and current year:

• 2021: $160,000
• 2022: $690,320
• 2023: $456,800

The amount of property tax revenue budgeted for debt service for the preceding two years and current year:

• 2021: n/a
• 2022: n/a
• 2023: n/a

The maintenance and operations tax rate for the preceding two years:

• 2022: $.27
• 2023: $.20

The proposed maintenance and operations tax rate for the current year:

• 2024: $.13

The debt service tax rate for the preceding two years:

• 2022: $.73
• 2023: $.75

The proposed debt service tax rate for the current year:

• 2024: $.82

 The most recent financial audits:

• 2023 | 2022 | 2021

• Magnolia Pointe and Waverly Estates Neighborhood Information Sheet
• Notice to Purchaser of Real Estate
• Resolution Adopting Public Comment Policy

The next election for the District will be held in May 2026.