Published by The Conroe Courier – Over the years, development has enveloped Lake Conroe, representing a sizeable contribution to the Montgomery County economy.
But exactly how big is that contribution, and exactly how would the county be affected if lake levels in a time of drought dropped 12 feet or more?
It’s a question that deserves an answer, but it’s going to cost some money to get it.
The Lake Conroe Communities Network is seeking participants and funding for a quantitative study of the economic impact of lower lake levels. If lake levels were to drop significantly, it would definitely have an impact on the Lake Conroe economy, and would begin to dry up sales tax revenues and eventually could affect revenues from property values. The objective of the study, according to our story by Reporter Howard Roden, would be to provide an assessment of the economic impact from sustained lower water levels of the lake. The study would include surveys of local residents, historical analysis and study of other communities in comparable circumstances.
The network is asking city of Montgomery officials for a contribution of $5,000 to help fund an economic study of the area based on declining water levels. The proposed study by Texas A&M University would cost approximately $140,000 and take up to 16 months to complete. Already, according to the network, the Lake Conroe Association, the city of Conroe and Commissioners Court have pledged support to the project.
It’s clear, from just a glance at the residential and business development that surrounds it, that Lake Conroe is a key part of the county’s economic success. It would be worthwhile knowing exactly how significant that impact really is, and how plummeting lake levels could affect that value. For more information about the LCCN effort to raise support for a study of the economic impact of lower water levels on Lake Conroe, call (936) 448-1809.