Why is the City of Austin annexing Lost Creek?
We asked them that when we met with the City staff on February 8 and in a follow-up written request. Here’s what they said: “The decision to recommend annexation by the City staff takes into consideration multiple factors such as the financial impact to the City, the expansion of municipal service delivery, the enhancement of an economic base to support the cost of providing municipal services, the ability of the City to influence future development, and the ability of the city to provide full municipal services… The State legislature authorized the use of municipal utility districts for the purpose of financing development infrastructure… For Lost Creek the purpose of the municipal utility district as a financing tool is essentially fulfilled. Further, Lost Creek’s current financial situation allows the City to annex the district without a significant impact to the City’s current taxpayers [emphasis added]. Annexation also allows for the natural and intended conclusion originally
