A charge assessed according to the amount shown on a meter, distinguishing it from a specified price. It most commonly applies to utilities, where users are billed based on their consumption.
A Municipal Utility District (MUD) is a political subdivision that offers utility-related services like water, sewage, and sometimes electricity to its residents. They have the authority to issue Special Assessment bonds to finance their projects and infrastructure.
A utility refers to two primary concepts: essential services required for building operation (like water and electricity) and specialized computer software that aids in system management and performance optimization.
