CITY & COUNTY
News from Montgomery County, Shenandoah & The Woodlands
Bill creates new The Woodlands revenue streams
Water Plant No. 5 site
BY JESSICA SHORTEN
collecting up to $1.4 million by 2028 in mixed-bev- erage taxes annually as a result of HB 5311, she said. “On behalf of The Woodlands Township, we would like to thank Sen. [Brandon] Creighton and Rep. [Steve] Toth for their leadership in moving this bill through the Senate and House,” Snyder said in a May 31 statement. If the bill is not vetoed by Abbott, it will take eect Sept. 1.
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THE WOODLANDS House Bill 5311, which would allow The Woodlands Township to collect mixed-beverage taxes, passed the Senate on May 17 and was sent to Gov. Greg Abbott on May 24. Bills not signed by June 18 become law, but the treated as an incorporated municipality to collect mixed-beverage taxes, according to the legislation. As an unincorporated special-purpose district, the township was not previously able to collect mixed-beverage taxes. According to a scal analysis on the Texas Legislature website, the bill would mean 10.7% of the revenue from mixed-beverage taxes within the area retained by the state would go to the township beginning Oct. 1. governor can veto bills before June 18. The bill would allow the township to be The bill also would create a new hotel room assessment, according to information from the township. Revenue from the additional funding mechanism will benet marketing, sales and promotion for the township, ocials said. Township board Chair Ann Snyder said the town- ship estimates it will collect a potential additional $2 million in revenue from hotel room occupancy following passage of the bill. It also projects
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Site approved for Water Plant No. 5 in Tamina
BY CASSANDRA JENKINS
SHENANDOAH The site for Water Plant No. 5 in Tamina was selected at a Shenandoah City Council meeting May 24. The water plant is part of an agreement between Shenandoah and the Old Tamina Water Supply Corpora- tion for the city to extend water and sewage service. The agreement for the $21 million project was nalized Dec. 5. The city of Shenandoah selected 3 acres at the intersection of Main Street and Tamina Road to include a new water well and plant. According to the May 24 agenda packet and City Council discussion, selection of the site is the rst milestone in the design phase, and the land was donated by the city of Shenandoah.
REVENUE BOOST
Under House Bill 5311, the township would gain two new revenue streams. Changes under HB 5311: • The Woodlands Township will be treated as an incorporated entity for the purpose of collecting mixed-beverage taxes. Revenue: $1.4M annually by 2028 • A development zone will allow the township to collect revenue from additional hotel occupancy assessments. Revenue: $2M annually
SOURCE: THE WOODLANDS TOWNSHIPCOMMUNITY IMPACT
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