City tax rate expected to drop
Georgetown’s Fiscal Year 2025 budget is being constructed with a proposed tax rate of 36.47 cents per $100 of assessed valuation. This would represent a tax rate decrease from the 2024 Fiscal Year tax rate of 37.4 cents per $100 valuation. According to the city, the proposed tax rate will generate about $4.26 million more in property tax revenues when compared to the Fiscal Year 2...