The information provided on this page is for Fort Bend County Municipal Utility District No. 124.  Below you can find links to information related to the financial and bookkeeping records for the District.

The district generally meets as needed @ 12:00 p.m. at 406 West Grand Parkway South, Suite 260, Katy, Texas 77494. 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 2024 to 2025 : $235,410; 8.78%
Change in the District’s Expenses from 2024 to 2025: $84,950; 3.29%

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

• 2023: $1,498,000
• 2024: $1,670,000
• 2025: $1,701,779.75

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

• 2023: $859,082.29
• 2024: $913,658.55
• 2025: $895,673.56

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 2023 Tax Rate (per $100 of assessed valuation) – Total: $0.784
Maintenance & Operations: $0.509
Debt Service: $0.275

Adopted 2024 Tax Rate (per $100 of assessed valuation) – Total: $0.752
Maintenance & Operations: $0.482
Debt Service: $0.270

Adopted 2025 Tax Rate (per $100 of assessed valuation) – Total $0.725
Maintenance & Operations: $0.475
Debt Service: $0.25

Proposed 2026 Tax Rate (per $100 of assessed valuation)- Total TBD
Maintenance & Operations: TBD
Debt Service: TBD