After bond approval, trustees approve 1 cent property tax rate increase

Georgetown ISD trustees unanimously approved a new property tax rate of $1.0544 per $100 valuation at the August 19 meeting. 

The increase brings the tax rate up from $0.0077 per $100 valuation, which is less than a penny more than last year, Chief Financial Officer Jennifer Hanna said.

“This is what we promised the voters in the May bond election,” Board President James Scherer said.

Ms. H…