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

The district generally meets on the 3rd Friday @ 11:00 a.m. at 704 Central Parkway East, Suite 1200, Plano, Texas 75074. Specific meeting date/time and location is included on meeting agendas.

Residents of the district have the right to request the designation of a meeting location within the district under Water Code Section 49.062(g). A description of this process can be found at https://www.tceq.texas.gov/waterdistricts.

Change in the District’s Revenue from 2022 to 2023: $132,656; 46.78%
Change in the District’s Expenses from 2022 to 2023: -$10,780; -6.45%

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

• 2021: $241,792.00
• 2022: $145,817.00
• 2023: $321,033.00

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

• 2020: No Levy
• 2021: No Levy
• 2022: TBD

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 2020 Tax Rate (per $100 of assessed valuation)- Total $1.00
Maintenance & Operations: $1.00
Debt Service: No Levy

Adopted 2021 Tax Rate (per $100 of assessed valuation)- Total $1.00
Maintenance & Operations: $1.00
Debt Service: No Levy

Adopted 2022 Tax Rate (per $100 of assessed valuation)- Total $0.9291
Maintenance & Operations: $0.2787
Bond Service: $0.6504

Proposed 2023 Tax Rate (per $100 of assessed valuation)- Total TBD
Maintenance & Operations: TBD
Debt Service: TBD