TThe information provided on this page is for Canyon Falls Municipal Utility District No. 1 of Denton County. 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 2023 to 2024: $186,218; 41.14%
Change in the District’s Expenses from 2023 to 2024: $199,413; 67.30%

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

• 2022: $145,817.00
• 2023: $351,201.00
• 2024: $574,010.00

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

• 2022: $387,764.00
• 2023: TBD
• 2024: 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 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

Adopted 2023 Tax Rate (per $100 of assessed valuation)- Total $0.8103
Maintenance & Operations: $0.2263
Debt Service: $0.5840

Proposed 2024 Tax Rate (per $100 of assessed valuation)- Total TBD
Maintenance & Operations: TBD
Debt Service: TBD