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单词 municipal utility district (MUD)
释义

municipal utility district (MUD)

Definition
A political entity in charge of providing utility-related services such as water, sewage, and drainage services. A MUD is typically enacted by state law and is funded by special assessment bonds. Individuals living in a municipal utility district will be assessed a tax based on the value of their property and the current tax.
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更新时间:2025/1/22 19:40:21