KINGWOOD COUNTRY CLUB
The Kingwood Country Club has a new owner. Apollo Global Management has agreed to purchase ClubCorp, owner of the Kingwood Country Club, for $1.1 billion. The new owner is a private equity firm. With more than 200 golf and country clubs, Dallas-based ClubCorp was founded in 1957 and operates in 28 states, Washington, D.C., China and Mexico. It also owns sports and business clubs, with a combined total of 430,000 members. The purchase is expected to close by the end of 2017.
HERMAN DEBUTS NEW WEBSITE
Harris County Precinct 4 Constable Mark Herman’s office has developed a new department website to continue the great working relationship his agency has with the communities he serves. The new website will be more efficient and streamline communications regarding services his office provides and public safety issues in communities. An addition added will be real time Tweets regarding traffic mobility/accidents and overall public safety, which will include situations when deputies are searching for suspected criminals in areas. Herman said, “Our main goals are public safety and providing the best police services we can as an organization. This means we must keep our citizens informed, and be as transparent as we can be through our social media.” Visit ConstablePct4.com.
STATE SALES TAX REVENUE TOTALED $2.5 BILLION IN MAY
Texas Comptroller Glenn Hegar said recently that state sales tax revenue totaled $2.5 billion in May, four percent more than in May 2016. Hegar also said state franchise tax revenue for Fiscal Year 2017 totaled $3.2 billion in May, 8.9 percent less than in May 2016. Total sales tax revenue for the three months ending in May 2017 is up 3.2 percent compared to the same period a year ago. Sales tax revenue is the largest source of state funding for the state budget, accounting for 56 percent of all tax collections. Motor vehicle sales and rental taxes, motor fuel taxes, and oil and natural gas production taxes also are large revenue sources for the state. In May 2017, Texas collected the following revenue from those taxes: motor vehicle sales and rental taxes – $379.7 million, down 1.1 percent from May 2016; motor fuel taxes – $304.4 million, up six percent from May 2016; and oil and natural gas production taxes – $267 million, up 79.9 percent from May 2016. The increase is due in part to refunds provided to natural gas severance taxpayers in May 2016, which resulted in artificially low tax collections during that period.
THE LATEST IRS SCAM
You get a call from someone who says he’s from the IRS and tells you that you owe back taxes. These call usually involve threats for immediate payment. The caller may know part of your Social Security number, and your caller ID might show a Washington, D.C. area code. But is it really the IRS calling? No. The real IRS doesn’t call and if they do contact you about unpaid taxes, they do it by mail, not by phone. Here’s what you can do: 1. Stop. Don’t wire money or pay with a prepaid debit card. Once you send it, the money is gone. If you have tax questions, go to irs.gov or call the IRS at 800-829-1040. 2. Pass this information on to a friend. You may not have gotten one of these calls, but the chances are you know someone who has.If you believe you’ve been the victim of an IRS scam, please report it to the Treasury Inspector General for Tax Administration (treasury.gov/tigta).
KUYKENDAHL BRIDGE OPENS TO PUBLIC
Kuykendahl Road at Spring Creek now features a double bridge in each direction that will help alleviate traffic for motorists traveling between Harris and Montgomery counties. Construction on the southbound bridge along Kuykendahl from Pine Plains Drive to Flintridge Drive began last year and all lanes opened July 6. The new bridge doubles traffic capacity along the corridor, which previously featured a two-lane bridge. Harris and Montgomery counties worked together to fund the $7.05 million bridge. The Woodlands Road Utility District No. 1 funded the design phase services and managed the project during construction. The project is a continuation of last year’s road expansion project along Kuykendahl Road between Indian Hill Road and Timarron Drive. The $1.2 million roadway expansion project, funded through the METRO General Mobility Program and bond funds voters approved in 2015, included widening the segment from two to four lanes and opening an extra lane in each direction. For more information about this division, visit hcp4.net/community/roadsbridges.