Budget Information by Fiscal Year

YEAR OVER YEAR RESULTS


FISCAL BUDGET RESULTS - 2020 - FBMUD 81 Board of Directors

The overall financial requirements for Fort Bend Mud 81 are provided from a combination of tax receipts and billings for water and sewage services. Specifically, the required debt service for the District’s outstanding bonds is paid from tax collections, while the District’s ongoing maintenance and operations (M&O) costs are covered primarily by the combination of tax collections and monthly billings for services. For the tax year 2020 monthly billings are planned to cover 53% of revenue requirements, with tax receipts covering 43%. Most tax revenues are typically collected in December and January of each tax year.

For the ten (10) months ended July 31, 2020, revenues for MUD 81 totaled $1.7MM. The major components of the revenue stream were water and sewer billings of $841M and maintenance tax receipts of $802M. On August 31, 99.1% of levied taxes had been paid, with the remaining balance due primarily to deferrals as allowed by law. Expenses for the 10 months totaled $1.3MM, resulting in a surplus of $428M. The surplus is due in large part to planned capital expenditures that have not yet been completed and billed.


CURRENT BUDGET

Get Adobe Acrobat Reader 2020 - Budget - Fiscal Year Ending in 9-30-2020


HISTORICAL BUDGETS

Get Adobe Acrobat Reader 2019  Budget - Fiscal Year Ending on 09-30-2019

Get Adobe Acrobat Reader 2018 Budgets - Fiscal Year Ending on 09-30-2018



* PDF Documents require Adobe® Acrobat Reader (click here to download )

Get Adobe Acrobat Reader

  • During this time of social distancing and self quarantine one thing still stands true, WATER still flows!

    Click: for more information
October 27
Board Meeting
November 24
Board Meeting
December 22
Board Meeting