Public records, in plain words

Where your Lorson Ranch tax money goes

Seven local tax districts run this neighborhood. Here is what they owe and how they spend, straight from their own reports.

Everything on this page is public record, taken from the districts' own filings and other government documents. It is shared here as plain facts for anyone to read. It reports what the records say and does not accuse anyone of anything.

Scroll to see the numbers
$117.7M
Total money owed by the 7 districts at the end of 2024
$12.1M
Money the districts took in during 2024
67%
Of spending that went to interest, not paying debt down
7
Separate tax districts covering one neighborhood
80.5
Highest tax rate (mills) among the districts
Where the money goes

Most spending is interest on debt

About two of every three dollars spent in 2024 went to interest.

What this means: Interest is like rent paid to lenders for money already borrowed. It does not lower the total owed. Only a tiny slice actually pays the debt down.

2024 spending chart showing interest on debt as the largest spending bucket.
Where the money comes from

Homeowners pay most of it

About 8 of every 10 dollars comes from property taxes.

What this means: The districts run mainly on money from homeowners through the tax bill (mill levy plus ownership tax).

2024 revenue chart showing property taxes as the largest revenue source.
The debt

Which districts owe the most

One district owes more than half of the whole total.

What this means: The debt is not shared evenly. Newer areas were built with more borrowed money, and future homeowners help pay it back.

The loan to watch
$16.4M

A loan that can grow for 34 years

MD 4 borrowed this at 8 percent. Interest is payable each year, starting in December 2023, only when subordinate pledged revenue is available. The district paid $1.312M in 2024. Unpaid interest compounds each year.

Starting amount$16.4M
Worst-case by 2057$225M

This is called a back of line loan (subordinate bond). If no further payments are made, the $16.4M could compound to about $225M by 2057. That is a worst-case ceiling; actual payments when revenue is available reduce the path.

Every loan

The 8 loans behind the debt

Rate is the yearly interest. Loans with no set payoff date and high rates grow the fastest.

Your tax rate

How much each district taxes

Tax rates swing from very low to very high across the 7 districts.

What this means: A mill is a tax rate on your home value. More mills means a bigger yearly bill for that district. Homes in the newer areas carry the highest rates.

Mill levy chart comparing tax rates across Lorson Ranch Metropolitan District Nos. 1 through 7.
Looking ahead

The 2026 budget shows large gross money flows

What this means: Gross budgeted inflows and outflows total $75.5M and $77.6M. These include about $60M in interdistrict capital transfers counted more than once. The external property tax base is about $8.7M.

$75.5M
Gross budgeted inflows
$77.6M
Gross budgeted outflows
$8.7M
External property tax base
$117M
Value being taxed (assessed)
Your district

The 7 districts at a glance

Observation, from public records
Who runs the districts

The board seats

These are the elected or appointed board seats listed on the districts' own website. Names are shown as masked labels so readers can see repeated service across districts without publishing the underlying names.

Observation, from public records
Repeated board service

Some masked labels appear on more than one board

Some board labels repeat across the districts.

What this means: The 7 districts have separate public filings, and some board-service labels appear in more than one district. Each block below marks where the same masked label appears.

Observation, from public records
Debt authorization timeline

How the $16.4M loan was authorized

What this means: The MD 4 audit describes the steps used to authorize this debt. These dates and figures are summarized from that audit.

Source: MD 4 2024 audited financial statements. The audit states the board approved the authorizing resolution and that bond proceeds repay the developer for public improvement costs it had already funded.

Where these numbers come from

Every figure is from public records

These are the districts' own audited reports and budgets, posted on their website. Tap any link to read the original.

About this page. This is a public service summary for homeowners, reporters, and lawyers. Every figure comes from public records: the districts' own audited reports, budgets, transparency notices, and board rosters. Board labels are permanently masked on this page and in the shipped data. This page reports what those records say. Readers should check the linked originals and compare the source records.

Records reviewed as of July 6, 2026. Later budgets, audits, filings, tax records, debt disclosures, board materials, or source-site changes may update the picture.