The tax rate is a 3.67% decrease from the prior year's rate of $0.4333 per $100 valuation.
What residents need to know
Under the new rate, Beaman said the average Bellaire homeowner will pay approximately $3,487 in taxes, a 2.15% increase from last year's dollar amount of $3,414.
The average homestead taxable value in FY 2025 was $787,805, according to Beaman's presentation. In FY 2026, that number will increase to $835,403, resulting in a slightly higher cost despite the lowered tax rate.
Council members also approved the city's FY 2025-26 budget in September, which included a nearly $30 million general fund budget and an $84 million budget for the Capital Improvement Plan.
City Manager Sharon Citino previously said that Bellaire is set to invest in numerous city projects in the next fiscal year, including the Cypress Ditch Improvements Project, remodeling the city's public works building and installing a new lift station.
