HIGHWAY 380 MUNICIPAL MANAGEMENT DISTRICT NO. 1

The information provided on this page is for Highway 380 Municipal Management District No. 1.  Below you can find links to information related to the financial and bookkeeping records for the District.

DISTRICT INFO
BUDGETS
TAX INFO
FINANCIALS

DISTRICT INFORMATION

Name of District

(Section 2051.202)

Highway 380 Municipal Management District No. 1

Name and Term of Office for Each Board Member

(Section 26.18, Section 2051.202)

Philip Morgan, Term Ends: 6/1/2023
Angie Huckelberry, Term Ends: 6/1/2023
Douglas Peach, Term Ends: 6/1/2023
Teague Griffin, Term Ends: 6/1/2025
Danielle Androes, Term Ends: 6/1/2025

Contact Information for Main Office of District (Mailing and Physical Address, and Phone Number)

(Section 26.18, Section 2051.202)

14755 Preston Road, Suite 600
Dallas, Texas 75254
(972) 788-1600
h380mmd1@districtdirectory.org

Official Contact Information for Each Board Member

(Section 26.18, Section 2051.202)

Same as contact information for main office of district. (Above)

If Applicable, Name of the General Manager

(Section 2051.202)

N/A

The Name of the Person Representing the Operator, Including a Mailing Address and Telephone Number

(Section 2051.202)

Mustang Special Utility District
7985 FM 2931
Aubrey, Texas 76227
(940) 440-9561

The Name of the Person Representing the Tax Assessor/Collector, Including Mailing Address and Telephone Number

(Section 2051.202)

Michelle French
1505 E. McKinney Street
Denton, Texas 76209
(940) 349-3500

The Rate of the Ad Valorem Tax

(Section 2051.202)

  • 2021: $0.518

If Applicable, the Sales and Use Tax Rate

(Section 2051.202)

N/A

Any Tax Rate Hearing Notice

(Section 2051.202)

Location and Schedule of Meeting of the District

(Section 2051.202)

Location: Kimley-Horn & Associates, Inc., 6160 Warren Parkway, Suite 210, Frisco, Texas 75034

Schedule: Second Thursday, every other month.

A Statement that the Residents Have a Right to Request a Designation of a Meeting Location Within the District

(Section 2051.202)

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.

Each Meeting Notice and Minutes of Meetings for the Current Year and the Preceding 12 Months

(Section 2051.202)

2021

2021-12-09 – Regular: Agenda | Minutes
2021-09-09 – Regular: Agenda | Minutes

CONTACT INFORMATION

Mailing Address
14755 Preston Road, Suite 600
Dallas, Texas 75254
Phone: (972) 788-1600
Email: h380mmd1@districtdirectory.org

Budget Information

(Section 26.18)

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

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

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

  • -$14,711; -15.99%

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

  • 2020: $1,335,520
  • 2021: $2,102,250
  • 2022: $2,541,758

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

  • 2020: $474,000
  • 2021: $695,660
  • 2022: $472,842

Tax Information

(Section 26.18, Section 2051.202)

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

  • 2019: $0.145
  • 2020: $0.155

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

  • 2021: $0.145

The debt service tax rate for the preceding two years:

  • 2019: $0.33
  • 2020: $0.36

The proposed debt service tax rate for the current year:

  • 2021: $0.373

Financial Information

(Section 26.18, Section 2051.202)

 The most recent financial audit: