The economic analysis firm, TXP, was commissioned by the Montgomery Harris Business Alliance to update the Township’s 2012 incorporation impact study. This updated incorporation impact study estimates the change in costs and revenues since 2012, based largely on secondary information derived from comparable communities and then applies this information to existing state law and the current situation in The Woodlands.
The compilation of the data model indicated that additional costs and additional revenues associated with incorporation could increase the Township tax rate from 32.5 cents (the Township’s tax rate at the time of the study) to 55.49 cents per $100 to taxable value. Please keep in mind that these are estimated cost numbers and the numbers are based on additional services The Woodlands would have to assume upon incorporation.
The fiscal and financial impacts of incorporation were estimated by comparing the costs and revenues associated with governance under the current Township structure with the anticipated costs and revenues associated with governance as an incorporated city in the State of Texas. Upon incorporation, the City will be required to provide these services through its own capital assets.
Economic & Planning Systems (EPS) was engaged to determine the financial implications associated with potential incorporation, including the impact to service provision, necessary capital investments, and existing and new revenue sources. This report provides the underlying financial assumptions and analysis framework for identifying the potential fiscal impacts associated with incorporation.
The Woodlands Township is the governmental service provider for residents and businesses, providing enhanced law enforcement services, fire protection, environmental services, parks and recreation, economic development and more. Click to see a timeline of important event regarding our current governance structure.
The attached map is the 1985 Montgomery County major thoroughfare plan, showing planned thoroughfares (1985-2000), existing thoroughfares, and constraints to development. It was originally prepared for the Houston-Galveston Area Council and the Montgomery County Commissioners Court.
The Woodlands Religious Community, Inc.’s 1973 Articles of Incorporation was established to attract all faiths to The Woodlands in preparation for what George Mitchell was about to build. The Woodlands Religious Community would later start doing business and become known as Interfaith of The Woodlands.