Consider and take action on an ordinance approving an ad valorem tax rate for the City of League City, Texas, upon all taxable property within the corporate limits of the City for the Fiscal Year ending September 30, 2027; directing the assessment and collection thereof; providing for a severability clause; and providing for an effective date (Assistant City Manager - CFO) Staff requests approval

Staff Report & Agenda Item Details

Consider and take action on an ordinance approving an ad valorem tax rate for the City of League City, Texas, upon all taxable property within the corporate limits of the City for the Fiscal Year ending September 30, 2027; directing the assessment and collection thereof; providing for a severability clause; and providing for an effective date (Assistant City Manager - CFO) Staff requests approval on first and final reading. 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%

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.6/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).