The details
Friendswood City Council voted unanimously to approve the proposed tax rate of $0.514172 per $100 valuation at its Sept. 8 meeting.
Though the approved rate is the same as last year’s tax rate, it’s also higher than the no-new-revenue rate of $0.501177 per $100 valuation.
Still, Mayor Mike Foreman said that since the tax rate is the same as last year’s tax rate, if individual tax bills rise, it’s due to higher appraised values, not a higher city rate.
The city projects the average annual tax bill to be about $1,892 for a typical Friendswood home, which has a median value of $367,599. That tax bill is projected to be $20 more than last year, according to agenda documents.
What else?
The city approved a $116.8 million budget for FY 2025-26, which begins Oct.1 and runs through Sept. 30, 2026. Last year, Friendswood approved a $108.2 million budget.
Public safety leads the general fund, with police at $15.9 million and emergency services at $6.5 million. Parks and recreation follow at $6.3 million, while capital improvements make up the single largest category across all funds, totaling $45.5 million.
