I’m researching Texas special tax districts, which are also known as “invisible governments” for a possible story. Here’s a map I created that shows just how much debt each district has. Developers use bond elections, or loans, to pay for districts. They then use residents to pay off the debts — usually by establishing higher tax rates.
Canyon Falls is a development in Denton County that looks to become a special municipal utility district. The option to create the district in on the Nov. 6 ballot. More than $100 million in bonds will go toward the development if passed.