top of page
park.jpg
Strengthening Financial
Planning and Policies

The city must implement stronger financial policies that build long-term reserves and prevent unnecessary spending.

More Information
Ross Yard Sign.jpg

To ensure that Friendswood remains financially stable without raising taxes, the city must implement stronger financial policies that build long-term reserves and prevent unnecessary spending.
 

  • Dedicated Disaster Reserve Fund: Establishing a separate, protected reserve fund dedicated exclusively to disaster response and infrastructure recovery. This would ensure that when a major storm hits, the city has immediate financial resources available without cutting other essential services.

  • Zero-Based Budgeting in Key Departments: Instead of using traditional incremental budgeting, requiring certain departments to justify every expense each budget cycle will ensure taxpayer dollars are allocated based on necessity, not habit.

  • Debt Management & Pay-As-You-Go Funding: Avoiding excessive long-term debt by prioritizing pay-as-you-go funding for infrastructure maintenance and emergency preparedness projects.

  • Reallocating One-Time Revenues: Any unexpected surpluses, grants, or one-time revenue should be directed toward reserve funds or capital improvements, rather than being used for recurring expenses.

bottom of page