CITY & COUNTY
News from The Woodlands, Montgomery County & Oak Ridge North
Board approves potential use of Lake Paloma to re ll 2 ponds
Property tax exemption increased for area residents age 65 and over
BY LIZZY SPANGLER
SAVINGS FOR SENIORS
BY VANESSA HOLT
MONTGOMERY COUNTY Residents age 65 and older who already have a homestead exemption will now be able to claim a $50,000 exemption after the Montgomery County Commissioners Court approved raising it from $35,000 during its March 28 meeting. Tax Assessor-Collector Tammy McRae said the exemption represents a savings to taxpayers of approxi- mately $2.7 million. McRae said the county has just over 49,500 accounts for residents over age 65. Residents can apply for the exemption by way of their homestead exemption. McRae said the Mont- gomery Central Appraisal District automatically adds the exemption to those who qualify based on their driver’s license, but applying ensures it will be recorded.
said the value was only about $63, but sta are authorized to le charges if a perpetrator can be found. Nunes said that beyond the monetary value of the water, its importance as a resource is a consideration. WEIGHING WATER Lake Paloma could potentially be used to add water to Kayak Ridge and Hullwood ponds when they are low.
THE WOODLANDS A plan to potentially use water from Lake Paloma to re ll two nearby ponds when pond levels are low was approved by The Woodlands Township board of directors at a March 23 meeting. The board authorized $65,000 to create a mechanism to ll Kayak Ridge and Hullwood ponds; however, there will be no speci c duty nor obligation to do so. According to the motion, advanced by board Vice Chair Kyle Watson, township sta will work with residents to determine the appropriate action. The board also discussed the unauthorized use of 740,850 gal- lons of water in December to re ll Cokeberry Pond, which is located o Cokeberry Street. Chief Operating Ocer Chris Nunes
Residents of Montgomery County age 65 and older with a homestead exemption will have that exemption increased following a March 28 decision.
Montgomery County residents 65 and over: $35,000 EXEMPTION raised to $50,000 EXEMPTION A total savings of $2.7 MILLION A homestead exemption reduces the home value on which taxpayers pay income tax.
LAKE PALOMA
HULLWOOD POND
CREEKSIDE GREEN DRIVE
KAYAK RIDGE POND
N
SOURCE: MONTGOMERY COUNTY COMMUNITY IMPACT
SOURCE: THE WOODLANDS TOWNSHIP COMMUNITY IMPACT
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