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City Staff Presents Fiscal Year 19 Budget

Staff recommends no increase in water/sewer rates

Post Date:08/06/2018 3:16 p.m.

PL_Budget-Covers_18_19_Front_back

PEARLAND, TEXAS – August 6, 2018 – City of Pearland staff present the Fiscal Year 2019 Proposed Budget. The FY 19 Proposed Budget contains $329.8 million in annual revenues plus $109.7 million in fund balances for $439.5 million total means of financing against $354.4 million in expenditures over 39 funds.

Major items in this year’s proposed budget include adding additional staffing in Police, Fire, Public Works, Utility Billing and Parks, as well as providing funding for major public investment projects like the Lower Kirby Infrastructure improvements, renovation of the Train Depot, and park improvement projects across Pearland. Major additions to Independence Park on Pearland Parkway are set to be opened in the coming months, along with a new Deloris Fenwick Nature Center on Magnolia Parkway. The City’s self-supporting water/sewer enterprise fund is recommended to have zero rate increase for upcoming Fiscal Year starting October 1, 2018.

The City’s General Fund provides the vast bulk of public service operations including Fire, Police, Parks, and Public Works Streets and Drainage Maintenance. That General Fund is set for $80.3 million in expenditures. The City’s amended budget for prior FY 18 was $81.3 million which reflects Hurricane Harvey response measures. The majority of the City’s General Fund, 56% is for public safety functions. The property tax rate is recommended at the effective rate of $0.7092, up from $0.6851 the prior year. Data from county appraisal districts show that overall value growth is moderating from high levels seen the last couple of years, but overall remain climbing up, 3.6%. Certified value figures from Harris County for appraised value are still outstanding and the overall required worksheet calculations for property tax rate are being reviewed before a final proposed maximum rate is authorized for publishing by the City Council in late August.

The first budget meeting on the proposed FY 19 Budget will be held on Saturday, Aug. 11, beginning at 8:30 a.m. at City Hall, located at 3519 Liberty Dr., Pearland, Texas 77581. The budget presentation is the first of several Council budget meetings, workshops, and public hearings, before the City Council adopts a budget in September.

The meeting on Aug. 11 and all budget meetings and workshops are open to the public at the City Council Chambers, 3519 Liberty Drive. Meetings will be available for on-demand viewing at pearlandtx.gov/councilvideos. Residents are encouraged to view the special web page devoted to the FY 19 Budget, which is updated throughout the budget process. View the proposed budget online by visiting pearlandtx.gov/FY19Budget. Meeting agendas will be posted online as they are available. If you would like to submit feedback on the budget, please email cpearson@pearlandtx.gov.

Budget Calendar

Saturday, August 11

8:30 a.m.

Budget Discussion 1

August 20

8:30 p.m.

Budget Discussion 2

August 27

This meeting has been cancelled because questions were resolved in the August 20th workshop

Budget Discussion 3

September 4

This meeting has been cancelled because the effective tax rate has been determined

1st Public Hearing on Budget and Tax Rate

September 10

6:30 p.m.

2nd Public Hearing on Budget and Tax Rate

September 17

6:30 p.m.

1st Reading of Ordinances

September 24

6:30 p.m.

2nd Reading of Ordinances
Resolution to Adopt 5-Year CIP

 

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