Each year, the Harris County Appraisal District sets the value of property for ad valorem tax purposes for property located within the boundaries of Harris County Municipal Utility District No. 500 (Harris County MUD 500). Local taxing units such as the county, school district, and water district use total property valuation to help guide decisions about tax rates when determining how to meet monetary requirements each year. For any questions concerning the valuation of your property, contact the Harris County Appraisal District, at http://hcad.org/.
Tax Rate
There is hereby levied an ad valorem tax of $0.947 on each $100 of taxable property within the District for the tax year 2022 consisting of the following components: (1) $0.75 to pay the District’s contract tax, (2) $0.027 to pay the District’s debt service, and (3) $0.17 to fund the District’s maintenance and operation expenditures.
After paying reasonable costs of levying, assessing, and collecting same, $0.75 of each $0.947 so collected shall be deposited in the District’s Contract Tax Fund and shall bel used for the purpose of paying the contract payments due to the District, as Master District, pursuant to the Contract for Financing, Operation, and Maintenance of Regional Facilities; $0.027 of each $0.947 so collected shall be deposited in the District’s Debt Service Fund and shall be used solely for the purpose of paying interest on and principal of the District’s outstanding bonds and paying the registrar fees; and the remaining $0.17 of each $0.947 so collected shall be deposited in the District’s Operating Fund and shall be used for the purposes for which such tax was authorized.
The taxes levied hereby shall be delinquent if not paid by January 31, 2023.
For questions about your taxes, please contact the District’s Tax Assessor/Collector:
Bob Leared Interest
11111 Katy Freeway, Suite 725
Houston, TX 77079-2197
Phone: (713) 932-9011
Pay your Harris County MUD 500 taxes online
Information about the District required by Section 26.18, Texas Tax Code, created by Senate Bill 2 (also known as the Texas Property Tax Reform and Transparency Act of 2019), is available here:
https://bli-tax.com/harris-county-mud-500/