LAKE FOREST UTILITY DISTRICT

The information provided on this page is for Lake Forest Utility District.  Below you can find links to information related to the financial and bookkeeping records for the District.

DISTRICT INFO
BUDGETS
FINANCIALS
TAX INFO

DISTRICT INFORMATION

BOARD OF DIRECTORS

George Lester
President
Term Expires: May 2022

Michael Young
Vice President
Term Expires: May 2022

Maurice Peltier
Secretary
Term Expires: May 2022

John Sakolosky
Asst. Secretary
Term Expires: May 2024

Patrick Robertson
Director
Term Expires: May 2024

CONTACT INFORMATION

Mailing Address
2727 Allen Parkway, Suite 1100
Houston, Texas 77019
Phone: (713) 652-6500
Email: 94091@smithmur.com

Information Required by Section 26.18, Texas Tax Code

BUDGET INFORMATION

APPROVED BUDGET- 12/31/2019
APPROVED BUDGET- 12/31/2020
APPROVED BUDGET- 12/31/2021

Change in the District’s Revenue from 2019 to 2020: $236,969; 8.07%
Change in the District’s Expenses from 2019 to 2020: -$1,433,609; -33.12%

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

  • 2019: $750,000.00
  • 2020: $1,000,000.00
  • 2021: $846,919.00

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

  • 2019: No Levy
  • 2020: No Levy
  • 2021: No Levy

For additional Budget information, please click on the above Approved Budget link.

FINANCIAL INFORMATION (ANNUAL AUDIT)

FINANCIAL REPORT- 12/31/2019
FINANCIAL REPORT- 12/31/2020

For additional Audit information, please click on the above Financial Report link.

TAX INFORMATION

Adopted 2018 Tax Rate (per $100 of assessed valuation)- Total $0.25
Maintenance & Operations: $0.25
Debt Service: No Levy

Adopted 2019 Tax Rate (per $100 of assessed valuation)- Total $0.25
Maintenance & Operations: $0.25
Debt Service: No Levy

Adopted 2020 Tax Rate (per $100 of assessed valuation)- Total $0.245
Maintenance & Operations: $0.245
Debt Service: No Levy

Proposed 2021 Tax Rate (per $100 of assessed valuation)- Total TBD
Maintenance & Operations: TBD
Debt Service: TBD