HAYS COUNTY DEVELOPMENT DISTRICT NO. 1

The information provided on this page is for Hays County Development District No. 1.  Below you can find links to information related to the financial and bookkeeping records for the District.

DISTRICT INFORMATION

BOARD OF DIRECTORS

Billy Foulds
President
Term Expires: September 2024

Trey Novosad
Vice President
Term Expires: September 2024

George Baker
Secretary
Term Expires: September 2022

Kasey Studdard
Asst. Secretary
Term Expires: September 2022

John Bolt Harris
Director
Term Expires: September 2024

CONTACT INFORMATION

Mailing Address
2929 Allen Parkway, Suite 3150
Houston, Texas 77019
C/O Johnson Petrov LLP
Phone: (713) 489-8977
Fax: (713) 358-3530
Email: mroberts@johnsonpetrov.com

BUDGET INFORMATION

Change in the District’s Revenue from 2021 to 2022: $178,350; 26.59%
Change in the District’s Expenses from 2021 to 2022: $90,250; 16.37%

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

  • 2019: $298,096.00
  • 2020: $347,404.00
  • 2021: $538,350.00
  • 2022: $840,000.00

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

  • 2019: $149,048.00
  • 2020: $303,979.00
  • 2021: $771,150.00
  • 2022: $1,287,224.00

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

FINANCIAL INFORMATION (ANNUAL AUDIT)

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

TAX INFORMATION

Adopted 2019 Tax Rate (per $100 of assessed valuation) – Total $0.90
Maintenance & Operations: $0.48
Debt Service: $0.42

Adopted 2020 Tax Rate (per $100 of assessed valuation) – Total $0.90
Maintenance & Operations: $0.37
Debt Service: $0.53

Adopted 2021 Tax Rate (per $100 of assessed valuation) – Total $0.90
Maintenance & Operations: $0.37
Debt Service: $0.53

Adopted 2022 Tax Rate (per $100 of assessed valuation) – Total $0.90
Maintenance & Operations: $0.35
Debt Service: $0.55

Adopted 2023 Tax Rate (per $100 of assessed valuation) – Total $0.90
Maintenance & Operations: $0.320
Debt Service: $0.450
Contract Tax Rate: $0.130