FISCAL YEAR 2023 BUDGET
CITY SERVICES SUPPORTED BY PROPERTY TAXES
PROPERTY TAX RATE 6-YEAR TREND
56 % 26 % 6 %
CAPITAL PROJECT FINANCING
Pearland’s property tax rate for the Fiscal Year 2023 is $0.623765, a decrease of more than 7 cents from last year. The City’s tax rate is established annually through the budget process, which begins in February each year and runs through September. City Council and community stakeholders participate in a process facilitated by City staff to determine how to best invest in the City’s six Strategic Priorities, which lay the groundwork for sustainable growth and value across our community. The result is a budget recommendation that is paired with home values provided by the counties, which determines the appropriate tax rate. Once adopted, funds from property taxes go directly to services residents see every day, such as police, fire, infrastructure, parks and so much more.
PUBLIC SAFETY
PUBLIC WORKS
6 % GENERAL GOVERNMENT 3 % PARKS & RECREATION 2 % COMMUNITY SERVICES
Fiscal Year
2018
2019
2020
2021
2022
2023
Capital Project Financing
0.3422 0.3452 0.3675 0.3548 0.3250 0.2824
Reimbursements to In-City MUD Districts
0.0878 0.0840 0.0670 0.0602 0.0669 0.0564
General Fund (Operating)
0.2551
0.2800 0.3067 0.3050 0.3094
0.2850
TOTAL
0.6850 0.7092 0.7412 0.7200 0.7014 $0.6237
The City of Pearland makes up between 20 and 30% of your total property tax bill.
$22.6 2018-ACTUAL $26.1 2021-ACTUAL
$22.4 2019-ACTUAL
$22.7 2020-ACTUAL $30.1 2023-ADOPTED
SALES TAX REVENUE IN MILLIONS
$29.0 2022-ESTIMATED
Sales tax, primarily composed of a 1 cent local sales tax collection from the City’s General Fund, is estimated to increase from $29 million in the Fiscal Year 2022 to $30.1 million in the Fiscal Year 2023. The sales tax revenue has increased as the local economy grows. The Pearland Economic Development Corporation also collects a half-cent local sales tax, which is not reflected in these numbers.
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