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Township posts favorable April revenues; year-to-date operating expenditures under budget
Summary
The Woodlands Township reported April 2025 financials showing year-to-date revenue above budget driven by higher tax collections and sales tax increases; operating expenditures were below budget largely due to timing and open positions.
Chief Financial Officer Kellen Schall presented the April 2025 financial report to The Woodlands Township Board of Directors on May 28, reporting year-to-date revenues above budget and operating expenditures below budget through April.
Key figures: Schall reported year-to-date budgeted revenue of roughly $78.1 million and year-to-date actual collected revenue of about $80.1 million, a favorable variance of roughly $2 million. He cited higher-than-budgeted property tax collections, program revenues and an unbudgeted contribution from the Montgomery County Hospital District for Station 5.
Expenditures: Year-to-date budgeted operating expenditures were about $42.2 million; year-to-date actual spending was about $38.0 million, yielding a favorable variance of about $4.2 million. Schall said much of that variance resulted from timing differences and open positions, including timing for Montgomery County Sheriff's Office vehicle and equipment expenses.
Sales and tourism-related taxes: Year-to-date sales tax collections were approximately $34.2 million versus a budget of $33.2 million, about $1 million favorable year to date; Schall said manufacturing accounted for much of the increase compared with 2024. Hotel occupancy tax through April was slightly over budget ($3.2 million actual vs. $3.14 million budget), about a $61,000 favorable variance. Mixed beverage tax was modestly above budget but slightly below 2024's collections.
Ticket taxes and timing: Schall noted ticket-tax collections lagged budget year-to-date because event timing can be back-loaded across the year; the YTD collected figure for ticket taxes was about $706,000 versus a budgeted $894,000, a timing-related unfavorable variance.
Board action: The board received and accepted the financial report. Director Eisler moved to accept the report; Director Franks seconded and the motion carried.
Ending: Finance staff will continue to present monthly updates and will discuss budget initiatives and pre-budget workshops scheduled ahead of the formal 2026 budget process.
