Voters set to approve district, tax rate May 5
By LESLEE BASSMAN, Four Points News
Although the Strategic Partnership Agreement, or SPA, between the city of Austin and the River Place Municipal Utility District provided for a maximum $0.50 per $100 valuation ad valorem tax, the subdivision’s River Place Limited District officers voted unanimously April 4 to instead cap that property tax at $0.15 per $100 of assessed valuation. The MUD was converted into a Limited District when the community was fully annexed by Austin on Dec. 15. Continue reading