Each election I’m fascinated by the amount of bond debt created across Harris County and Texas by land developers using municipal utility districts and that a single voter can approve the debt. According to a 2015 study by Rice’s Kinder Institute , the total amount of Houston MUD debt was $5.8 billion. And yes, sometimes they do go bankrupt . I decided to look at several Harris County MUD elections from Tuesday. Here is a link to view all the MUD’s in Texas – Water Districts Viewer . Election results here , ballot language here . Number of registered […]
The wild world of developers and MUD’s
