RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,488
I just read in the local paper that the MUD (municipal utility district) I live in is up for consideration to be annexed by the adjacent town. What does this mean to me? Anyone else been annexed? What usually happens? Is this generally a Good Thing or bad?
My understanding is that the town has initiated this. They had listed us in their annexation plan over 3 years ago, meeting a state requirement, and I think they are free to annex us whenever they want. There is a hearing next week but its the day I plan to leave for the holidays.
I don't expect services to change much. We already get water and sewer from them, so maybe it'll be a bit cheaper. Schools are at an independant district level. I've already got a nice city park almost across the street. We already have covenents that I'm sure are more restrictive than anything the city would put on us. I'm moving next summer so I'm not too worried about changes in services and I don't think they'll amount to much.
What I am wondering is what this usually means financially and for resale?
Is there ever an assessment of any kind? I think we have some debt in the MUD, nothing too bad I think. Likewise I don't think the town is in any trouble.
Looks like the city tax rate is .12% less than our MUD, so that's good. I would guess that would help my home value, though when I bought I didn't really realize it wasn't part of the city.
Just wondering what others' experience on this has been.
My understanding is that the town has initiated this. They had listed us in their annexation plan over 3 years ago, meeting a state requirement, and I think they are free to annex us whenever they want. There is a hearing next week but its the day I plan to leave for the holidays.
I don't expect services to change much. We already get water and sewer from them, so maybe it'll be a bit cheaper. Schools are at an independant district level. I've already got a nice city park almost across the street. We already have covenents that I'm sure are more restrictive than anything the city would put on us. I'm moving next summer so I'm not too worried about changes in services and I don't think they'll amount to much.
What I am wondering is what this usually means financially and for resale?
Is there ever an assessment of any kind? I think we have some debt in the MUD, nothing too bad I think. Likewise I don't think the town is in any trouble.
Looks like the city tax rate is .12% less than our MUD, so that's good. I would guess that would help my home value, though when I bought I didn't really realize it wasn't part of the city.
Just wondering what others' experience on this has been.