FORT BEND COUNTY MUNICIPAL UTILITY DISTRICT NO. 172

The information provided on this page is for Fort Bend County Municipal Utility District No. 172. Below you can find links to information related to the financial and bookkeeping records for the District.

DISTRICT INFORMATION

BOARD OF DIRECTORS

Kevin Shipley
President
Term Expires: May 2026

Dar Hakimzadeh
Vice President
Term Expires: May 2028

Tim Shreve
Secretary
Term Expires: May 2028

John D. Jackson
Asst. Vice President
Term Expires: May 2026

Matthew H. Oglesby
Asst. Secretary
Term Expires: May 2026

CONTACT INFORMATION

District/Board

Mailing Address:
(Not for Tax or Water Payments)
3200 Southwest Freeway, Suite 2600
Houston, Texas 77027

Physical Address:
3200 Southwest Freeway, Suite 2600
Houston, Texas 77027

Phone: (713) 860-6400
Email: fb172@txdistricts.info

Operator & Tax Consultant

Tax Assessor/ Collector
Assessments of the Southwest, Inc
Mailing Address:
PO Box 1368
Friendswood, Texas 77549
Phone: (281) 482-0216

Operator

City of Fulshear Utility Services
6611 W. Cross Creek Bend Lane,
Fulshear, Texas 77441
Phone: (281) 346-8830

MEETING INFORMATION

The district generally meets on the second Monday at 11:45 a.m. at the 3200 Southwest Freeway, Suite 2600, Houston, Texas 77027. Specific meeting date/time and location are included on meeting agendas.

2026

2026-04-13 – Regular: Agenda | Minutes
2026-02-09 – Regular: Meeting Cancelled
2026-01-12 – Regular: Agenda | Minutes

2025

2024

2023

2022

2021

2021-12-13 – Regular: Agenda | Minutes
2021-11-08 – Regular: Agenda | Minutes
2021-10-11 – Regular: Agenda | Minutes
2021-09-13 – Regular: Agenda | Minutes

Residents of the district have the right to request the designation of a meeting location within the district under Water Code Section 49.062(g). A description of this process can be found at https://www.tceq.texas.gov/waterdistricts.

BUDGET INFORMATION

APPROVED BUDGET – 9/30/2020

APPROVED BUDGET – 9/30/2021

APPROVED BUDGET – 9/30/2022

APPROVED BUDGET – 9/30/2023

APPROVED BUDGET – 9/30/2024

APPROVED BUDGET – 9/30/2025

APPROVED BUDGET – 9/30/2026

Change in the District’s Revenue from 2025 to 2026: $1,892,026; 0.076%
Change in the District’s Expenses from 2025 to 2026: $1,011,525; 0.27%

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

2023: $902,124.00
2024: $1,431,618.00
2025: $1,627,358.64

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

2023: $1,997,236.84
2024: $1,930,677.86
2025: $1,859,838.45

For additional Budget information, please click on the above Approved Budget link.

FINANCIAL INFORMATION (ANNUAL AUDIT)

FINANCIAL REPORT – 9/30/2018

FINANCIAL REPORT – 9/30/2019

FINANCIAL REPORT – 9/30/2020

FINANCIAL REPORT – 9/30/2021

FINANCIAL REPORT – 9/30/2022

FINANCIAL REPORT – 9/30/2023

FINANCIAL REPORT – 9/30/2024

FINANCIAL REPORT – 9/30/2025

For additional Audit information, please click on the above Financial Report link.

TAX INFORMATION

Adopted 2020 Tax Rate (per $100 of assessed valuation) – Total $1.09
Maintenance & Operations: $0.13
Debt Service: $0.265
Contract Rate: $0.695

Adopted 2021 Tax Rate (per $100 of assessed valuation) – Total $1.03
Maintenance & Operations: $0.115
Debt Service: $0.22
Contract Rate: $0.695

Adopted 2022 Tax Rate (per $100 of assessed valuation) – Total $0.945
Maintenance & Operations: $0.095
Debt Service: $0.210
Contract Rate: $0.64

Adopted 2023 Tax Rate (per $100 of assessed valuation) – Total $0.850
Maintenance & Operations: $0.165
Debt Service: $0.185
Contract Rate: $0.500

Adopted 2024 Tax Rate (per $100 of assessed valuation) – Total $0.800
Maintenance & Operations: $0.150
Debt Service: $0.180
Contract Rate: $0.470

Adopted 2025 Tax Rate (per $100 of assessed valuation) – Total $0.680
Maintenance & Operations: $0.140
Debt Service: $0.160
Contract Rate: $0.380

Notice of Public Hearing on Tax Rate – 2025