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Woodlands County Reviews Tax Assessment and Reserves

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April 5, 2019 at 12:07 pm - Home, Local News
By Erika Chorostil

Woodlands County Council this week took a look at their reserves and discussed where they are financially in relation to their budget.

They also reviewed their latest draft tax assessment, and because the County is still waiting on tax payments, they find themselves down almost 2 percent this year, which is the equivalent of $300,000.

With that in mind, the County talked about setting a final tax rate increase based on the latest assessment.

Woodlands County Mayor Ron Govenlock speaks about keeping the tax increase at the rate originally told to residents at open houses.

With keeping the tax increases at the 2 percent for County and 2.5 percent for non-County residents, Govenlock says Administration will look at other areas of the budget they can adjust to make up for the shortfall.

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