Municipal utility district (MUD)

Municipal utility district (MUD),

Definition of Municipal utility district (MUD):

  1. A political entity in charge of providing utility-related services such as water, sewage, and drainage services. A MUD is typically enacted by state law and is funded by special assessment bonds. Individuals living in a municipal utility district will be assessed a tax based on the value of their property and the current tax.

Meaning of Municipal utility district (MUD) & Municipal utility district (MUD) Definition