YDHLGE Logo
YDHLGEYou Don't Hate Local Government Enough
Back to Public Records Search
SPECIAL DISTRICT • Wise County, TX

Hilcrest North Municipal Utility District of Wise County

A+
Texas Liberty Watchdog Index
Freedom Score: 92.4/100▲ +1.2 pts (5Y Trend)
Category Rank: #1443 among Texas Special Districts • Tier Rank: #1422 (TIER 5 RURAL)
Fiscal Restraint
80.9/100
Regulatory Restraint
100/100
Debt Burden
100/100
Population / Scale
Special District
Property Tax Rate (FY 27)
$0.31808
per $100 (2026–2027 levy)
FY 2027 Adopted Budget
$0.2M
+3.8% YoY • +19.4% (5Y)
Outstanding Debt
$0 (Debt-Free)
★ $1 14-Day Citizen Watchdog Trial • Full Local UnlockHilcrest North Municipal Utility District of Wise County Grade: A+ (92.4/100)

Unlock Every Hilcrest North Municipal Utility District of Wise County Official's Voting Grade, 72-Hr Tax Alerts & Your 2026 Wise Sample Ballot

Politicians count on homeowners finding out about property-tax hikes and unvoted debt after the vote passes. Try Watchdog Alerts & Digest for just $1 today (14-day full-access trial, then $10/mo — cancel anytime in 1 click) to unlock every councilmember's voting grade below, automatic 72-hour pre-vote warnings, and your printable Wise County voter guide PDF.

2026 Wise County Printable Sample Ballot & Incumbent Report Card (PDF Preview)
Instant PDF Download Included in $1 Trial
Hilcrest North Municipal Utility District of Wise County Council / Precinct Seats
Grade B+ • Pro-Taxpayer
B+
Wise County Commissioners & Judge
Grade A- • Debt Restraint
A-
Local ISD School Board & Bond Propositions
VOTE NO • +$142M Debt
D-
Tap to unblur & download your printable Wise County Sample Ballot PDF for $1 →
Apple Pay / Google Pay / Card • Cancel anytime

Elected & Governing Officials (1)

CP
Carter Posey
Director (Place 1)
117/164 Pro-Taxpayer Votes
GradeA+

Adopted Fiscal Budgets & Appropriations (28 Fiscal Years)

FY 2027 ADOPTED+3.8% YoYFreedom Score: 92.4 (A+)• Adopted Sep 16, 2026FY 2027 (2026–2027) Adopted District Operating & Debt Budget — Hilcrest North Municipal Utility District of Wise County
Official PDF

FY 2027 Adopted Budget ($192,030) and Adopted Property Tax Rate ($0.318080 per $100 valuation) for Hilcrest North Municipal Utility District of Wise County. Source: Wise County 2026 Certified Tax Roll & Truth-in-Taxation Calculation.

Total Appropriation
$0.2M
000
00
Public Works: $0.2M (82%)
0
Administration: $0.0M
Adopted Tax Rate: $0.31808 / $100
FY 2026 ADOPTED+3.2% YoYFreedom Score: 91 (A+)• Adopted Sep 15, 2025FY 2026 Adopted Operating & Debt Service Budget — Hilcrest North Municipal Utility District of Wise County
Official PDF

Adopted FY 2026 Special District Operating & Debt Service Budget for Hilcrest North Municipal Utility District of Wise County (Wise County) totaling $185,000 ($0 Maintenance & Operations; $0 I&S Bond Debt Service; $185,000 Utility/Service Enterprise Fund). Funded under an adopted property tax rate of $0.3200 per $100 valuation.

Total Appropriation
$0.2M
000
00
Public Works: $0.2M (82%)
0
Administration: $0.0M
Adopted Tax Rate: $0.3200 / $100
FY 2025 ADOPTED+3.4% YoYFreedom Score: 91 (A+)• Adopted Sep 15, 2024FY 2025 (2024–2025) Adopted District Operating & Debt Budget — Hilcrest North Municipal Utility District of Wise County
Official PDF

Official FY 2025 Adopted Budget ($179,264) and 2024 Property Tax Rate ($0.320000 per $100 valuation) for Hilcrest North Municipal Utility District of Wise County. Source: Texas Comptroller PTAD 2024 Tax Rate & Levy Roll.

Total Appropriation
$0.2M
Public Works: $0.1M (82%)
Administration: $0.0M
Adopted Tax Rate: $0.3200 / $100
FY 2024 ADOPTED+3.6% YoYFreedom Score: 91 (A+)• Adopted Aug 30, 2023FY 2024 (2023–2024) Adopted District Operating & Debt Budget — Hilcrest North Municipal Utility District of Wise County
Official PDF

Official FY 2024 (2023–2024) Adopted Operating & Debt Service Budget for Hilcrest North Municipal Utility District of Wise County (Wise County) totaling $173,436. Certified 2023 Tax Year ad valorem property tax rate: $0.3235 per $100 taxable valuation.

Total Appropriation
$0.2M
Public Works: $0.1M (82%)
Administration: $0.0M
Adopted Tax Rate: $0.32352 / $100
FY 2023 ADOPTED+4.1% YoYFreedom Score: 91.1 (A+)• Adopted Aug 30, 2022FY 2023 (2022–2023) Adopted District Operating & Debt Budget — Hilcrest North Municipal Utility District of Wise County
Official PDF

Official FY 2023 (2022–2023) Adopted Operating & Debt Service Budget for Hilcrest North Municipal Utility District of Wise County (Wise County) totaling $167,458. Certified 2022 Tax Year ad valorem property tax rate: $0.3268 per $100 taxable valuation.

Total Appropriation
$0.2M
Public Works: $0.1M (82%)
Administration: $0.0M
Adopted Tax Rate: $0.326755 / $100

Complete 28-Year Historical Budget, Tax Rate & Freedom Ledger (FY 2000 – FY 2027)

Year-by-year certified appropriations, property tax rates, per-capita spending, Freedom Index scores, and official budget PDFs
FY 2027$0.19M(+3.8% YoY)
0Tax Rate: $0.31808Freedom: 92.4 (A+)
Official PDF
FY 2026$0.18M(+3.2% YoY)
0Tax Rate: $0.3200Freedom: 91 (A+)
Official PDF
FY 2025$0.18M(+3.4% YoY)
Tax Rate: $0.3200Freedom: 91 (A+)
Official PDF
FY 2024$0.17M(+3.6% YoY)
Tax Rate: $0.32352Freedom: 91 (A+)
Official PDF
FY 2023$0.17M(+4.1% YoY)
Tax Rate: $0.326755Freedom: 91.1 (A+)
Official PDF
FY 2022$0.16M(+4.0% YoY)
Tax Rate: $0.332637Freedom: 91.2 (A+)
Official PDF
FY 2021$0.15M(+3.4% YoY)
Tax Rate: $0.338292Freedom: 91.3 (A+)
Official PDF
FY 2020$0.15M(+3.8% YoY)
Tax Rate: $0.342013Freedom: 91.3 (A+)
Official PDF
FY 2019$0.14M(+4.1% YoY)
Tax Rate: $0.345091Freedom: 91.3 (A+)
Official PDF
FY 2018$0.14M(+3.8% YoY)
Tax Rate: $0.350958Freedom: 91.4 (A+)
Official PDF
FY 2017$0.13M(+3.6% YoY)
Tax Rate: $0.352713Freedom: 91.5 (A+)
Official PDF
FY 2016$0.13M(+3.4% YoY)
Tax Rate: $0.353066Freedom: 91.6 (A+)
Official PDF
FY 2015$0.12M(+3.3% YoY)
Tax Rate: $0.352007Freedom: 91.6 (A+)
Official PDF
FY 2014$0.12M(+3.2% YoY)
Tax Rate: $0.351655Freedom: 91.6 (A+)
Official PDF
FY 2013$0.12M(+3.6% YoY)
Tax Rate: $0.353062Freedom: 91.6 (A+)
Official PDF
FY 2012$0.11M(+3.7% YoY)
Tax Rate: $0.355533Freedom: 91.6 (A+)
Official PDF
FY 2011$0.11M(+3.6% YoY)
Tax Rate: $0.357666Freedom: 91.7 (A+)
Official PDF
FY 2010$0.10M(+3.2% YoY)
Tax Rate: $0.357666Freedom: 91.8 (A+)
Official PDF
FY 2009$0.10M(+2.8% YoY)
Tax Rate: $0.356593Freedom: 91.8 (A+)
Official PDF
FY 2008$0.10M(+3.4% YoY)
Tax Rate: $0.35481Freedom: 91.7 (A+)
Official PDF
FY 2007$0.10M(+3.0% YoY)
Tax Rate: $0.356229Freedom: 91.7 (A+)
Official PDF
FY 2006$0.09M(+3.1% YoY)
Tax Rate: $0.355517Freedom: 91.7 (A+)
Official PDF
FY 2005$0.09M(+3.9% YoY)
Tax Rate: $0.353739Freedom: 91.7 (A+)
Official PDF
FY 2004$0.09M(+3.7% YoY)
Tax Rate: $0.35197Freedom: 91.8 (A+)
Official PDF
FY 2003$0.08M(+3.1% YoY)
Tax Rate: $0.355138Freedom: 91.8 (A+)
Official PDF
FY 2002$0.08M(+3.5% YoY)
Tax Rate: $0.353007Freedom: 91.8 (A+)
Official PDF
FY 2001$0.08M(+2.7% YoY)
Tax Rate: $0.352301Freedom: 91.9 (A+)
Official PDF
FY 2000$0.08M(+2.7% YoY)
Tax Rate: $0.351596Freedom: 91.8 (A+)
Official PDF

Active Code of Ordinances & Municipal Regulations

Search All Ordinances & Regulations →
Order No. 2023-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2023 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2023 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2023-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2024 (2023–2024) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2024 (2023–2024) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2022-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2022 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2022 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2022-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2023 (2022–2023) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2023 (2022–2023) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2021-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2021 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2021 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2021-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2022 (2021–2022) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2022 (2021–2022) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2020-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2020 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2020 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2020-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2021 (2020–2021) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2021 (2020–2021) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2019-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2020 (2019–2020) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2020 (2019–2020) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2019-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2019 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2019 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2018-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2019 (2018–2019) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2019 (2018–2019) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2018-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2018 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2018 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2017-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2018 (2017–2018) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2018 (2017–2018) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2017-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2017 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2017 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2016-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2016 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2016 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2016-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2017 (2016–2017) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2017 (2016–2017) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2015-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2016 (2015–2016) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2016 (2015–2016) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2015-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2015 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2015 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2014-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2015 (2014–2015) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2015 (2014–2015) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2014-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2014 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2014 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2013-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2014 (2013–2014) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2014 (2013–2014) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2013-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2013 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2013 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2012-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2012 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2012 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...
Order No. 2012-09-01 • Budget & AppropriationsOverreach: 10/100
Adoption of FY 2013 (2012–2013) Annual Operating & Capital Budget — Hilcrest North Municipal Utility District of Wise County
Official legislative enactment adopting the Fiscal Year 2013 (2012–2013) Operating, Debt Service, and Capital Appropriations Budget for Hilcrest North Municipal...
Order No. 2011-09-02 • Taxes & Development FeesOverreach: 10/100
Levy of 2011 Tax Year Ad Valorem Property Tax Rate for Hilcrest North Municipal Utility District of Wise County
Official legislative enactment levying the 2011 Tax Year ad valorem property tax rate for Maintenance & Operations (M&O) and Interest & Sinking (I&S) Debt Servi...

Elections, Candidate Races & Ballot Propositions (10)

UNIFORM MAY • 2025-05-03

May 2025 Hilcrest North Municipal Utility District of Wise County Official General Election Canvass

Voter Turnout: 161 (18.9% of 850 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 4 (Place 4)
Julie Webber WINNER
100.0% (141 votes)
Director, Place 1 (Place 1)
Carter Posey WINNER
100.0% (141 votes)
Director, Place 3 (Place 3)
Lisa Smith WINNER
100.0% (141 votes)
Director, Place 2 (Place 2)
Maria Blanco WINNER
100.0% (141 votes)
Director, Place 5 (Place 5)
Connor Steele WINNER
100.0% (141 votes)
UNIFORM MAY • 2023-05-06

May 2023 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 323 (19.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
66.0% (213 votes)
Thomas W. Callahan
34.0% (110 votes)
UNIFORM MAY • 2022-05-07

May 2022 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 272 (16.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
69.0% (188 votes)
Rebecca A. Thornton
31.0% (84 votes)
UNIFORM MAY • 2021-05-01

May 2021 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 323 (19.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
69.0% (223 votes)
Sarah L. Henderson
31.0% (100 votes)
UNIFORM MAY • 2020-05-02

May 2020 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 306 (18.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
59.0% (181 votes)
David C. Morales
41.0% (125 votes)
UNIFORM MAY • 2019-05-04

May 2019 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 459 (27.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
66.0% (303 votes)
Rebecca A. Thornton
34.0% (156 votes)
UNIFORM MAY • 2018-05-05

May 2018 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 238 (14.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
70.0% (167 votes)
Michael R. Vance
30.0% (71 votes)
UNIFORM MAY • 2017-05-06

May 2017 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 289 (17.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
56.0% (162 votes)
Thomas W. Callahan
44.0% (127 votes)
UNIFORM MAY • 2016-05-07

May 2016 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 255 (15.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
55.0% (140 votes)
Sarah L. Henderson
45.0% (115 votes)
UNIFORM MAY • 2015-05-02

May 2015 Hilcrest North Municipal Utility District of Wise County Uniform General & Special Election

Voter Turnout: 289 (17.0% of 1,700 registered voters)
Official Canvass PDF

Candidate Races

Director, Place 1 (Place 1)
Carter Posey WINNER
57.0% (165 votes)
Sarah L. Henderson
43.0% (124 votes)

Meeting Dockets & Agendas (322)

Showing Top 15 • Search All Meeting Dockets →
2026-10-14 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-09-16 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-08-19 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-07-15 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-06-17 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-05-20 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-04-15 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-03-18 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-02-18 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2026-01-21 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2025-12-17 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2025-11-19 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2025-10-15 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2025-09-10 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting

2025-08-13 • REGULAR SESSION

Hilcrest North Municipal Utility District of Wise County Board of Directors Regular Meeting