City Council Special Meeting - Nov 09 2026

The City of Pearland City Council held a special meeting workshop on November 9, 2026, to discuss the scheduled sunset of Tax Increment Reinvestment Zone (TIRZ) No. 2 on December 31, 2028, and its implications for the FY2030 tax-rate calculation, city debt, and capital planning. Staff described the zone’s infrastructure and public-facility investments and reported approximately $15.6 million in outstanding TIRZ principal and interest as of November 1, expected to be paid off by the zone’s end. Current projects are expected to be reimbursed, with an estimated additional $1.8 million available to Pearland from remaining TIRZ funds. Council discussed the potential effects on tax rates and debt capacity, possible future capital investments, and whether ending rebates to four MUDs could help reduce citywide water and wastewater costs. No contract award, spending authorization, or formal vote was made.