Humble City Council unanimously approved a tax rate of $0.25158 per $100 valuation for fiscal year 2022-23 at its Oct. 13 meeting, down from last year’s rate of $0.263508.
Due to increased property values and the addition of new properties in the area, the tax rate will bring in roughly 8.43% more revenue than last year’s rate. However, Mayor Norman Funderburk said homeowners can expect to pay $11.93 less per $100,000 of home valuation than last year.
“It would be a reduction [in taxes owed],” Funderburk said.
In September, council members approved a roughly $145.4 million budget for fiscal year 2022-23 that includes 3% raises for all employees, additional 3% raises for eligible employees, 18 new city positions, and funding for several infrastructure and drainage improvement projects.













