CINCO MUNICIPAL UTILITY DISTRICT NO. 7

The information provided on this page is for Cinco Municipal Utility District No. 7.  Below you can find links to information related to the financial and bookkeeping records for the District.

DISTRICT INFO
BUDGETS
TAX INFO
FINANCIALS

DISTRICT INFORMATION

BOARD OF DIRECTORS

David Drake, President
vacant, Vice President
Greg Nunn, Secretary
Scott Drawdy, Assistant Vice President/Investment Officer
Megan Perkins, Assistant Secretary

CONTACT INFORMATION

Mailing Address
3200 Southwest Freeway, Suite 2600
Houston, Texas 77027
Phone: (713) 860-6400
Email: board@cincomud7.com

BUDGET INFORMATION

The taxing unit’s budget for the preceding two years:

APPROVED BUDGET – 09/30/2019
APPROVED BUDGET – 09/30/2020

The taxing unit’s proposed or adopted budget for the current year:

APPROVED BUDGET – 09/30/2021

The change in the amount of the taxing unit’s budget from the preceding year to the current year:

  • $5,947,  1956.25%

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

  • 2019: $342,100
  • 2020: $392,650
  • 2021: $587,400

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

  • 2019: $513,280
  • 2020: $692,900
  • 2021: $587,400

TAX INFORMATION

The maintenance and operations tax rate for the preceding two years:

  • 2018: .10
  • 2019: .085

The proposed maintenance and operations tax rate for the current year:

  • 2020: .125

The debt service tax rate for the preceding two years:

  • 2018: .20
  • 2019: .15

The proposed debt service tax rate for the current year:

  • 2020: .125

FINANCIAL INFORMATION

The most recent financial audit:

FINANCIAL AUDIT – 09/30/2019