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Property Tax Impact Calculator
Approval of the bond propositions will require a tax rate increase of no more than 5 cents, spread out over the next five to seven years. This Property Tax Impact Calculator is provided as a general information tool to help you estimate the potential impact of tax increases due to the bond based on the values you enter. Please note that the calculator does not account for individual property revaluation, additional tax exemptions, or other factors that may affect your individual tax impact.
Home Value ($):
Estimates
Initial Estimated Annual Impact on Year 1 / Fiscal Year 2026
(Estimated $0.01 Increase (per $100 in Value) per Year Beginning in Fiscal Year 2026)
Estimated Cumulative Impact by Fiscal Year 2030
(Estimated Total Impact of $0.05 (per $100 in Value) by Fiscal Year 2030)
- What is a General Obligation Bond?
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General Obligation bonds are debt instruments issued by states and city governments to finance large capital improvements. Bonds are sold to investors and the proceeds from the sales of these bonds are used to pay for major capital investments that have a public purpose—in previous Sugar Land Bond programs, these funds have been used to address drainage, parks, mobility and public safety projects.
Bond elections provide voters the opportunity to have a say in which projects they are willing to support through the approval of bond propositions to authorize funding for each type of project on the ballot.
- What is the tax impact of the bond?
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The bonds will require a tax rate increase of no more than 5 cents, spread out over the next five to seven years.
This will initially cost the average homeowner with a home valued at about $500,000 approximately $5 per month. This cost will increase annually, and by 2030, the monthly cost could rise to about $20 per month, excluding the impacts of property revaluation.
Tax Impact Calculator
This Property Tax Impact Calculator is provided as a general information tool to help you estimate the potential impact of tax increases due to the bond based on the values you enter. Please note that the calculator does not account for individual property revaluation, additional tax exemptions, or other factors that may affect your individual tax impact.
- What are the assumptions in value growth?
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Considering current and historical growth of values, estimates assume a 5% value growth in 2025 (which corresponds to Fiscal Year 2026) and 3% annually afterward. Individual property revaluation will vary.
- Why did the City include $50 million in the total bond cost to account for inflation?
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Voter approved projects are anticipated to be completed or under construction in the next five to seven years. As inflation increases, the value of a dollar today will be lower to when the funds are needed to cover project costs.
Since the projects cannot all be completed at once, without adjusting for inflation, project costs can become outdated and insufficient. Adjusting for inflation allows the City to plan for costs based on when voter approved projects are anticipated to begin, and complete projects without significant shortfalls and as scheduled.
- How did the City determine the 50 million dollars that account for inflation on the bond? What is the inflation rate being calculated into it?
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Project estimates totaled around $300 million in 2024 dollars. To account for inflation, the estimates were increased by 4% per year based on project timelines and debt capacity, adding approximately $50 million.
- Since bonds were approved by voters, is the City going to raise the value of my home?
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The City does not set the value of your home. The Fort Bend County Appraisal District is the entity that sets your property’s valuation amount based on market values.