Katy North Edition | March 2024

BY KELLY SCHAFLER

Why it matters

What’s next

What they’re saying

Meyers said some members of Commission- ers Court want economic development to fall mainly under the county’s purview, which he doesn’t agree with. Regardless of the organization’s future, Meyers said he believes economic development is important because the county should diver- sify its property tax base to ease the burden on taxpayers, because most of the county’s revenue is from residential development.

City and county leaders said they believe there’s a future for the FBEDC—despite diering opinions on how to get there or what the role will be. Meyers said the FBEDC should focus more on attracting employers than master-planned communities. Additionally, Elizabeth Hu—who is Sugar Land’s economic development director, an FBEDC board member and an ad hoc committee member— said she also believes there’s a future for the FBEDC. She said she and other economic development directors would like the FBEDC to: • Become a lead generator that promotes the county through marketing • Bring together the region to speak as one voice

“It’s important to have smart economic development to bring in to broaden

that tax base so that we can maintain the services that our citizens in Katy are used to and want.” WILLIAM “DUSTY” THIELE, KATY MAYOR

Fort Bend County appraised value, 2023

“We need an independent economic development council. I disagree that the county can take over economic development and basically do it justice.” ANDY MEYERS, FORT BEND COUNTY PRECINCT 3 COMMISSIONER

Commercial, industrial 10%

Other 15.2%

Residential* 74.8%

*INCLUDES SINGLEFAMILY, MULTIFAMILY AND VACANT PLATTED LOTS

SOURCES: ANDY MEYERS, FORT BEND COUNTYCOMMUNITY IMPACT

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KATY NORTH EDITION

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