Conroe - Montgomery Edition | July 2024

BY COMMUNITY IMPACT STAFF

Montgomery County eyes $450 million bond On June 18, Montgomery County commissioners approved moving forward on a $450 million bond with a preference for the May 2025 election. The big picture In an updated presentation, John Robuck—man- aging partner of BOK Financials, the county’s bond advisory council—said the county could issue $450 million in bond funds without increasing the debt service side of the county’s tax rate. However, Roebuck said that doesn’t mean no increase will occur to the overall tax rate at any point, as the debt service rate is only a portion of the county’s tax rate. The bond would be issued in four series ranging from $100 million to $125 million over four years. In their words Precinct 3 Commissioner James Noack and

Montgomery City Council, MISD finalize waterline contract On June 11, Montgomery City Council approved an agreement with Montgomery ISD for waterline infrastructure for the district’s career and technical education, and agricultural science centers. Two-minute impact During its March 26 meeting, the council agreed to pay up to $75,000 for the waterline infrastructure. On June 11, council voted 4-0—with Mayor Pro Tem Casey Olson absent—to approve the agreement. MISD’s CTE and ag science centers are estimated to cost a combined $80 million total and are scheduled to be completed in July 2025, as previously reported by Community Impact .

On the ballot, the $450M bond would be split into three propositions:

$93 million for each precinct’s various road projects

$65 million for a new animal shelter

$12 million for a new tax office

SOURCE: MONTGOMERY COUNTY/COMMUNITY IMPACT

Precinct 2 Commissioner Charlie Riley disagreed with a November timeframe, stating people would not have enough time to be informed on the bond propositions before going to the ballot box during a presidential election cycle. Major takeaways While a vote to put the bond on an official ballot was not able to be taken, Montgomery County Judge Mark Keough ended the discussion with agreement on going ahead with a May timeframe.

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CONROE - MONTGOMERY EDITION

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