‹ Harris County Water Control and Improvement District No. 158 · All districts' issues
concern
Budget
$2,985,695
money moved
Confirm the terms of the Developer's operating advances ($707,645 in FY2026, $1,282,268 budgeted for FY2027): whether and how the District repays them, and the plan for operating costs when advances end.
Water Code §49.107(f); 30 TAC ch. 293 (may apply); Good practice: written reserve policy.
The board action behind it
2026-05-19: Approved operating budget for the fiscal year ending May 31, 2027
What else happened at that meeting
With the President absent, the Vice President presided; the Board accepted the qualification documents of Zachary Short and Barbara Kimzey, declared them elected to terms ending May 4, 2030, and kept all officers in their positions. It engaged Forvis Mazars, LLP to audit the fiscal year ending May 31, 2026, at an approximate cost of $18,900 plus a $1,100 administrative fee, and approved the operating budget for the fiscal year ending May 31, 2027. The Board approved the bookkeeper's, tax assessor/collector's and operator's reports and the Engineer's Report, and ratified its resolution requesting an appraisal as of May 1, 2026. The operator reported low water pressure notifications at Irrigation Pump Station No. 7 due to high demand, and the consultants reported no unclaimed property for the period.The law and guidance in force on 2026-05-19
| Board adopts an annual budget Water Code §49.057(b)
§49.057(b): Same text in force then and now |
Shown | FY2027 operating budget approved by the three directors present (p.3). |
| Developer advances for operating costs Water Code §49.107(f); 30 TAC ch. 293 (may apply)
§49.107(f): Same text in force then and now |
Question | The adopted budget funds $1,282,268 of $2,985,695 in operating revenue (43%) from 'Developer Advance' (Adopted_Budget_FYE_2027_HC_WCID_158.pdf, PDF p.1, account 14901); whether the advances are repayable is not stated. |
Who's involved
Municipal Accounts & Consulting, L.P. (MA&C) (bookkeeper and investment officers)
Bridgeland Development, LP (represented by Howard Hughes Holdings, Inc.) (developer)
Cost to the district
$2,985,695 General Operating Fund total including a $203,610 transfer to the recreation fund; maintenance tax $1,693,247 (hcid14-site/bridgeland-records/hcwcid158/website/Adopted_Budget_FYE_2027_HC_WCID_158.pdf). · annual operating budgetMoney or costs moved
Bridgeland Development, LP → HCWCID 158: $1,282,268 Budgeted developer advance for FY2027 operations (up from $707,645 in FY2026).
Why the board approved it
Recorded: “Mr. Tabor presented the proposed FY2027 budget, included in the Bookkeeper's Report; approved as presented (p.3).”
The District relies on the Developer for over 40% of its operating money. The minutes do not record whether those advances are later repaid from bonds or taxes, or what happens to services if advances stop.