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Houston just signed a deal promising not to annex The Woodlands, but the city controller warns it's a raw deal for local taxpayers. Basically, Houston gives up expansion rights, and critics argue the city gets nothing good in return.
At a glance
Stable — consistent level of discussion. 0 mentions in the last 30 days.
Taxpayers might miss out on future commercial revenue and economic growth from the area, according to the controller.
The Woodlands residents and local leaders get total independence from Houston without worrying about city taxes or takeover.
Houston taxpayers who could end up carrying a heavier financial load since the city missed out on a growing tax base.
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