Title
Consider and take action on an ordinance adopting the Annual Budget for Governmental and Proprietary Funds for Fiscal Year 2027 (Assistant City Manager - CFO)
Taxpayer Impact Statement Required per H.B. 1522 effective September 1, 2025 based on Tax Year 2025 (FY2026) and Tax Year 2026 (FY2027):
2025 Adopted Tax Rate $ 0.36355 with an estimated median homestead taxable value of $362,634 equals tax of $1,318.36
2026 No-New-Revenue Tax Rate $0.356505 with an estimated median homestead taxable value of $375,000 equals tax of $1,336.89
2026 Proposed Tax Rate $ 0.356505 with an estimated median homestead taxable value of $375,000 equals tax of $1,336.89
The change in total tax rate is a decrease of 0.007045 per $100, or -1.94%
The change in estimated median homestead taxable value is an increase of 3.41%
The change in tax on estimated median homestead property is an increase of $18.54 or 1.41%
Background
Pursuant to City Charter and state law, adoption of this ordinance will establish the budget for the 2027 fiscal year. The budget ordinance is based on the proposed budget, as adjusted, and as described in Exhibit A, B and C.
The FY2027 Proposed Budget provided to City Council on July 14, 2026, included $208,727,905 for operations. The proposed budget included the following:
o Property tax revenue estimated at the no-new-revenue tax rate of $0.369,
o A personnel budget for 762.25 positions which is a net addition of 7.75 full time equivalent (FTE) positions (net 7 FTE in General Fund, and 0.75 FTE in the HOT Fund) for the following:
§ Senior Crime Analyst (1.0 FTE) for Police,
§ Two EMTs and two Paramedics (4 FTE) are included to staff the new peak-time ambulance purchased in FY2026,
§ Decrease of a full-time Economic Development Coordinator in Economic Development (-1 FTE),
§ Staffing for the expansion of Camp by the Creek to the West Side of League City
· Twelve seasonal Camp Counselors (2.4 FTE)
· Three seasonal Assist...
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