The proposed budget and tax rate were presented by city staff during the August 28 regular city council meeting. Both items were unanimously approved by city council. (Photo by Kaitlyn Wilkes)
Georgetown will have a $842.6 million budget for the upcoming fiscal year, and will operate with a property tax rate of 36.47 cents per $100 assessed valuation. Both numbers were approved by city council on first reading Tuesday, August 27.
The approved tax rate is about a 1-cent decrease from the 2024 Fiscal Year tax rate of 37.4 cents per $100 valuation. However, Georgetown homeowners will …
