The City’s “Work Here Live Here” Program is Working
Friendswood City Council recently approved a one-cent property tax rate drop to 52.14 cents per $100 valuation as part of its $30 million general fund budget for 2019/2020.
“It’s progressively gone down over the last 15 years,” City Manager Morad Kabiri said of the rate. The city’s highest tax rate was 72 cents per $100 in the 1960s and ’70s.
Mayor Mike Foreman pointed out the work of city economic development director Karen Capps in helping draw commercial development to the city.
“She’s hitting all the right buttons and talking to all the right people,” he said.
The mayor also said the city’s “Work Here Live Here” program, which started in 2008, has helped the city attract more business.
“We have so many CEOs and heads of companies who were commuting to Houston and some even to Tomball; so we just started encouraging people to relocate their business here,” Foreman said.