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Tomball acknowledges certified taxable values, sets proposed 2025 tax rate and adopts FY2025–26 budget on first reading
Summary
Council acknowledged the Harris County-certified estimated taxable value, approved a proposed tax rate of 0.34094 per $100 (setting hearings for Aug. 18 and Aug. 25), and adopted the fiscal year 2025–26 budget on first and only reading; staff provided details on the certified values and budget adjustments.
The Tomball City Council on Aug. 4 approved a resolution acknowledging the certified estimated taxable value for 2025, set a proposed tax rate for tax year 2025, and adopted the city budget for fiscal year 2025–26 on first and only reading.
City staff presented the certified estimated taxable value and the Harris County tax assessor-collector calculations. Staff reported the certified estimate of taxable value included large proportions still under appraisal review and gave a working estimate in the neighborhood of $3.7 billion; staff also identified the total value of new improvements on the rolls as about $123,000,761 and an add-on for properties annexed after Jan. 1 of about $9,000,000. Staff said the newly taxable value on the rolls this year was approximately $130,000,000.
On the tax-rate item, council approved a proposed tax rate of 0.34094 per $100 of assessed value for tax year 2025 and set public vote dates for the proposed tax rate on Aug. 18 and Aug. 25, 2025. Staff explained the difference from earlier budget projections was 0.004 (0.34094 vs. the previously projected roughly 0.334); city staff and council characterized that change as a small difference equal to roughly $4 per $100,000 of assessed value. Staff estimated the total budgetary revenue difference between the proposed rate and the current rate at $173,165.
Council also adopted on first and only reading Ordinance No. 2025-31, adopting the city budget for fiscal year 2025–26, and agreed to amendments and clarifications staff had provided since the budget workshop: increased funding for a historical archivist program, inclusion of a compensation study, increased grant allocations from the hotel occupancy-tax fund, and a transfer of an SSES program line for the sewer department from capital to operating budget.
The council approved the resolution acknowledging the certified estimated taxable values (Resolution No. 2025-34), approved the proposed tax rate and hearing dates, and adopted the budget on first reading; all recorded votes on these items were 4–0. Staff said the detailed worksheets and the updated budget documents are available on the city website for public review.
