The same wise fiscal practices that earned The Woodlands a bond rating of AA+ from Standard & Poor’s Global Ratings will be in effect for the city.
Residents who are over 65 or disabled get a tax freeze – the amount they pay doesn’t change year to year, something the Township is not allowed to offer.
The tax rate, which will be voter-approved, will remain the same and is restricted from growing too much by state law. Major new expenditures were identified, and money set aside to prepare for them. The Woodlands Township Board has been preparing for this incorporation decision for years. Residents will choose to leave decisions with county officials and developers over whom they have no real control, or to incorporate and take the direction for The Woodlands into their own hands. This election is about who decides the future of The Woodlands. Similarly, the Developer (the Howard Hughes Corporation) can only do massive high-density projects, like apartment complexes and hotels that require clear-cutting and generate significant traffic, in order to meet their investors’ financial goals. In order to continue getting future revenue, the County needs to move traffic through The Woodlands to newly developing areas, which means opening roads (or expanding current ones) to county thru-traffic. But now The Woodlands is largely built out, the community’s population is the size of a small city, and the County and Developer’s interests are no longer aligned with the residents. Both were and are motivated by The Woodlands’ ability to bring new revenue through new development. Major decisions for The Woodlands have not been made by residents but by the county commissioners and by the latest in a string of developers. The Woodlands is a Township, a form of government that is mostly powerless (like an exalted Homeowners Association). Why is this massive expenditure necessary? Preserve The Woodlands PAC and their partner, the Howard Hughes Corporation, have spent over $750,700 midway through Early Voting, with more to go before Election Day, Tuesday, November 2, 2021. Big Money and The Woodlands Incorporationīig Money has spent a jaw-dropping amount of money to defeat incorporation in The Woodlands.
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