Pearland City Council on Monday voted 3-1, with Felicia Harris opposed, to adopt a 2011 tax rate of $0.6851 per $100 valuation.
The new rate reflects a two-cent increase above the 2010 tax rate of $0.6651 per $100 valuation, and reflects an increase of 2.39 percent above the effective tax rate. The effective tax rate is the amount the city would need to levy to draw revenues equal to the previous budget year.
“The increase in the tax rate is needed to support debt already issued on such projects as Magnolia, Dixie Farm Road, Cullen Road, Cowart’s Creek Diversion, Fire Station #5, and the Recreation/Natatorium Center, to name a few,” City Manager Bill Eisen said.
The city will designate $0.2151 per $100 of the 2011 tax rate for maintenance and operation costs, the same amount as was levied in 2010. The remaining $0.47, which includes the two-cent increase, will be designated for payments on the city’s debts, which include several bond issues.
The city council voted 3-1, with Harris opposed, to adopt the FY2012 Budget.
The city’s operating budget for the coming fiscal year is projected to total $128,078,069. The budget also includes $33,070,003 for expenditures under the capital improvement program.
The city council voted 3-1, with Harris opposed, to appoint Jerry Acosta to the Zoning Board of Adjustments.
The city council voted 3-1, with Scott Sherman opposed, to nominate Jo Knight for re-election to the Brazoria County Appraisal District Board of Directors.
The city council voted 3-1, with Sherman opposed, to nominate Ed Heathcott for re-election to the Harris County Appraisal District Board of Directors.
The city council voted 3-1, with Sherman opposed, to nominate Lee Duggan, III for re-election to the Fort Bend County Appraisal District Board of Directors.
The city council voted unanimously to appoint Narcisso Lira as director of community development. The item was discussed during an executive session.
The city council took no action regarding appointments to the city’s various boards and commissions.
All other items were approved by unanimous vote. Mayor Pro Tem Ed Thompson was absent. Agenda