Any taxes should be broad-based and carefully tailored to minimize any adverse economic effect. Property valuations should be equal and uniform across the marketplace and tax rate rollbacks should closely mirror elevated valuations.

Repealing the property tax cap will provide the city unrestricted ability to increase property taxes with no mandate to account for increasing property valuations. We support a stop-gap which limits the ability of City Council to continue to increase property taxes via valuation increases.

City quality of life regulations should promote economic growth, job creation and broaden the city’s tax base. Houston BOMA supports logical, reasonable, and fair regulations which give predictability to new development, while allowing for proper assessment of the impacts on local services, infrastructure, and the environment.

BOMA members support a more sustainable environment by reducing the use of energy, water and other natural resources, using cost-effective means that properly weigh net benefits with the costs to implement. We support voluntary programs that are incentivized through tax rebates or grants.

All fees imposed by the City should be fair and directly relate to the cost of the services for which the revenue is being assessed.

BOMA supports fully vetted actions and practices that promote exemplary public safety, security, emergency preparedness and incident prevention in office buildings that weigh the net benefits of any proposed regulations with the implementation costs to Houston businesses.

BOMA supports local initiatives that make our government more accountable, transparent, fair, practical, streamlined and cost effective. In the current budget climate, we support the utilization of technology and best business practices to create a more efficient and effective City government that is focused on serving Houstonians.