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Avery Ranch Road District No. 1 paid off bonds; county receives final annual report
Summary
Williamson County received final fiscal year 2025 reports for several road districts and was told Avery Ranch Road District No. 1 has paid off its bonds as of Aug. 31, 2025, meaning the district is being dissolved after required filings and notifications.
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The Williamson County Commissioners Court received fiscal year 2025 annual financial reports for multiple road districts on April 21 and was told that Avery Ranch Road District No. 1 has paid off all outstanding bonds.
Julie, the presenter for the reports, said the documents are produced from the audit conducted by Weaver and are broken out to meet bond reporting requirements. "All of their bonds have been paid in full as of 08/31/2025," she said, adding that this will be the last report the county will receive for Avery Ranch Road District No. 1.
Court members asked how dissolution is handled after bonds are retired. Julie said the process included placing a legal item on the commissioners court agenda, filing the legal document in "Miss Reister's office" to notify property owners and title companies, and notifying the appraisal district and the tax office. She said the court took no tax-rate action in August related to the district, and that re-creating the district would require voter action.
A participant noted that commercial development within the district had increased property valuations over time. Julie said the district's tax rate began near 29 cents and declined to roughly three to four cents in its final year as valuations rose and debt was paid down.
The court took no separate action to keep producing Avery Ranch reports because the bonds are retired; members instructed staff to file and notify as required by the legal process Julie described. The county's tax assessor-collector was identified in the meeting as the office responsible for collections and related matters.
The court combined action on these reports with a motion to approve related items and payments (see "Votes at a glance" for the April 21 decisions).
