Pearland City Council unanimously approved the first reading to adopt a $137.8 million budget and a $0.627892 tax rate per $100 valuation of a home for fiscal year 2026-27 at its Sept. 14 meeting.
Compared with FY 2025-26, the proposed budget represents a nearly 4% increase in both revenues and expenses, city documents show.
What residents need to know: The city approved a property tax rate of $0.627892 per $100 valuation of a home, which is nearly 0.3% lower than last year’s rate of $0.63 per $100 valuation of a home.
For a property with a taxable value of $379,925, the annual property tax bill is around $2,385, city documents show.
Also of note: City Council also approved a 9.9% utility rate increase, which brings the average monthly bill up by about $11.31, city documents show.