The Woodlands Township Board lowers tax rate, adopts 2021 Budget

THE WOODLANDS, TEXAS (September 11, 2020) – The Woodlands Township Board of Directors unanimously lowered the 2020 Tax Rate and approved the 2021 Consolidated Budget in a videoconference meeting Thursday, September 10, 2020.

The Board of Directors took the following action on the Consent Agenda:

• Designated Jeff Jones, President/General Manager of The Woodlands Township as an authorized signer on the Township’s bank and investment accounts and adopted resolutions in connection therewith.

The Board of Directors discussed the following matters on the Regular Agenda:   

• Adopted the 2021 Consolidated Budget for The Woodlands Township.
• Adopted the 2020 Ad Valorem Tax Rate for Debt Service of 1.51 cents per $100 of property valuation.
• Adopted the 2020 Ad Valorem Tax Rate for Maintenance and Operations at 20.80 cents per $100 of property valuation.

The total tax rate is 22.31 cents per $100 of taxable property value, which is a decrease from the current year tax rate of 22.40 cents. The rate is equal to the no-new-revenue rate certified by the Montgomery County tax assessor.

Advertisement

The Woodlands Township Board of Directors will hold a Regular Board Meeting via videoconference on September 17, 2020 at 6 p.m. The meeting can be viewed online at http://www.thewoodlandstownship-tx.gov/778/Meeting-Videos. You may view the agenda here: https://www.thewoodlandstownship-tx.gov/991/Agendas-Minutes-and-More. 

During the September 17, 2020 videoconference regular Board meeting, members of the public may provide public comment by calling 346-248-7799 or 877-853-5247 (toll-free), then enter ID 837 0857 8164 #. Calls will be taken in the order the calls are received and only during the “public comment” agenda item.  

Alternatively, you may participate in the public comment portion of the meeting through the Zoom desktop client, web client, or mobile app, which are free of charge and accessible through the following link: https://us02web.zoom.us/j/83708578164?pwd=aFlIUDlMWmFRcSt4UWVrR2hHMlM4Zz09  Passcode: 463679. This information is active only for this Board meeting. New public comment phone numbers/links will be issued for each future meeting during the public health pandemic emergency 

Source: The Woodlands Township

Advertisement

Advertisement