In a recent government meeting, the council successfully passed the fiscal year 2025 budget, which includes a property tax increase. The budget was ratified following a motion and a second, with council members voting in favor.

During the discussion, it was clarified that while the budget reflects a property tax increase, the total tax rate for a $100 property value has actually decreased by approximately 4.09% from 2023 to 2024. The tax rate for 2023 was $0.168767, while the proposed rate for 2024 is $0.161856. This nuance was highlighted to emphasize that the term \"tax increase\" may not fully represent the financial impact on residents.

The council also approved Ordinance No. 2024-1463, which adopts the voter approval tax rate for the upcoming tax year. This ordinance reflects a 4.7% increase in the tax rate, which was also passed through a roll call vote, with all members voting in favor.

Additionally, the council considered Resolution No. 2024-637, which authorizes projects for the City of Fulshear Development Corporation, indicating ongoing efforts to enhance local economic development. The meeting underscored the council's commitment to fiscal responsibility while navigating the complexities of tax policy and community funding.