CITY & COUNTY The Woodlands Township’s 2023 tax rate to dip below no-new-revenue rate
The MEADOWS at IMPERIAL OAKS
BY VANESSA HOLT
to December. The final adopted tax rate, which could be below the $0.1875 rate dis- cussed, will be decided at the Sept. 12 special meeting. Included in the proposed 2023 bud- get is funding for several initiatives, such as improvements to fire stations and parks and recreation facilities. On the second day of budget work- shops Aug. 23, the board discussed about $10 million in immediate needs for The Woodlands Fire Department, such as improvements for Fire Station No. 5 on West Branch Crossing Drive and the township’s Emergency Train- ing Center as well as a new company of firefighters for the west side of The Woodlands. Other items considered for the 2023 budget are adding a 13th officer position to the contract with Harris County Precinct 4.
THE WOODLANDS The township’s board of directors set a maximum proposed property tax rate of $0.1875 per $100 valuation for fiscal year 2023 at its Aug. 24 budget workshop, and it will adopt the rate Sept. 12, after press time. Because the rate is below the no-new-revenue rate, which would generate the same amount of revenue as the previous fiscal year, no public hearing is required, officials said. The rate is a 16% decrease from the 2022 rate of $0.2231, and it is the lowest in the township’s 12-year history, officials said. “You cannot go higher than what you propose today, but you can go lower,” township President and CEO Monique Sharp said at the meeting. The fiscal year in The Woodlands Township runs from January
The Meadows at Imperial Oaks is a naturally wooded community in Spring, Texas nestled in the master- planned community of Imperial Oaks and just minutes from The Woodlands. All the elements are right for your life to blossom here – pools and playgrounds, a 17-acre community lake with fishing dock, easy access to the roads that take you to work, the airport, or nearby medical facilities, and the Conroe I.S.D. is an excellent place for young minds to grow. Space to Roam, Grow, and Prosper.
Tax rate per $100 valuation 2022 ANTICIPATING NEEDS
The proposed 2023 budget includes funding for budget initiatives such as improvements to fire department facilities.
Budget initiatives include: Fire Station No. 5 improvements
Kuykendahl Road pathway
$0.2231
Adding constable contract Texas TreeVentures, Bear Branch recreation improvements SOURCE: THE WOODLANDS TOWNSHIP/COMMUNITY IMPACT NEWSPAPER
2023 (proposed)
$0.1875
Property tax rate to decrease in Shenandoah
by contacting the local state legisla- tors, Rep. Steve Toth, R-The Wood- lands, and Sen. Brandon Creighton, R-The Woodlands. “All we are doing is kicking the can down the road, and I think we are running over that can this year,” Fletcher said. TAX RATE per $100 assessment The tax rate in Shenandoah in fiscal year 2022-23 is about $0.03 per $100 valuation lower than the previous year. RATES DECLINE
BY ANDREW CHRISTMAN
SHENANDOAH The city of Shenan- doah approved a 17.9% decrease in the tax rate for fiscal year 2022-23 during an Aug. 24 meeting. The tax rate will be $0.1477 per $100 valuation, the lowest in the city’s history. Alongside setting the tax rate, the council voted to adopt the $10.5 million FY 2022-23 budget. It also supported a resolution to increase the city’s homestead exemption beyond the 20% allowed by the state. Council Member Ted Fletcher said residents can support the resolution
Homes from the Low $ 3 00s - $600s TheMeadowsAtImperialOaks.com
FY 2021-22:
$0.1799
FY 2022-23:
$0.1477
*Pricing subject to change without notice.
SOURCE: CITY OF SHENANDOAH/COMMUNITY IMPACT NEWSPAPER
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THE WOODLANDS EDITION • SEPTEMBER 2022
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