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

Change in the District’s Revenue from 2020 to 2021: $234,050; 11.10%
Change in the District’s Expenses from 2020 to 2021: $216,013; 11.60%

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

• 2019: $661,700.00
• 2020: $682,000.00
• 2021: $751,979.00

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

• 2019: $1,170,163.26
• 2020: $1,203,889.95
• 2021: $1,206,726.71

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

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

Adopted 2018 Tax Rate (per $100 of assessed valuation)- Total $0.57
Maintenance & Operations: $0.21
Debt Service: $0.36

Adopted 2019 Tax Rate (per $100 of assessed valuation)- Total $0.54
Maintenance & Operations: $0.21
Debt Service: $0.33

Adopted 2020 Tax Rate (per $100 of assessed valuation)- Total $0.54
Maintenance & Operations: $0.21
Debt Service: $0.33

Proposed 2021 Tax Rate (per $100 of assessed valuation)- Total TBD
Maintenance & Operations: TBD
Debt Service: TBD