The proposed budget is now available for public viewing in accordance with the posting requirements of HB1522.
Published on September 05, 2025
President and CEO Monique Sharp presented the 2026 consolidated budget to the Board of Directors, based on the proposed 2025 property tax rate of $0.1714 per $100 of taxable value. The Board adopted the 2026 consolidated budget with a 6 to 1 vote, with Director Shelley Sekula-Gibbs voting in opposition.
VIEW AGENDA ITEM | VIEW 2026 PRELIMINARY CONSOLIDATED BUDGET
After reviewing and adopting the 2026 consolidated budget, the Board held a public hearing, providing an opportunity for residents to offer feedback on the proposed 2025 property tax rate. One resident participated in public comment.
VIEW AGENDA ITEM
The total property tax rate consists of two components: the debt service rate and the maintenance and operations (M&O) rate, both of which must be adopted separately by the Board. The Board unanimously adopted the 2025 debt service rate of $0.0102 per $100 of taxable value.
The 2025 maintenance and operations tax rate, set at $0.1612, was adopted with a 5 to 2 vote, with Chairman Brad Bailey and Director Shelley Sekula-Gibbs voting in opposition. When combined with the debt service tax rate, this results in a total tax rate of $0.1714 per $100 of taxable value, maintaining the same property tax rate as 2024.
After adopting the two components of the 2025 property tax rate as summarized above, the Board is required to pass an order to levy property taxes. The Order Levying Taxes (Order No. 0.15-25) was approved by the Board with a 5 to 2 vote, with Chairman Brad Bailey and Director Shelley Sekula-Gibbs voting in opposition.
Meeting agendas, videos and more are available online at www.thewoodlandstownship-tx.gov.