Georgetown staff proposes $1.61 billion budget for upcoming fiscal year

Tax rate not yet known

City Manager David Morgan, back at the podium, presents the preliminary Fiscal Year 2027 budget to Georgetown City Council on June 23. Members of Georgetown’s finance department sit in the front row. (Photo by Kaitlyn Wilkes)
City Manager David Morgan, back at the podium, presents the preliminary Fiscal Year 2027 budget to Georgetown City Council on June 23. Members of Georgetown’s finance department sit in the front row. (Photo by Kaitlyn Wilkes)

Georgetown is looking at a $1.61 billion total budget for Fiscal Year 2027, about $310 million higher than the year prior. 

Of proposed budget expenditures, $733 million will go to city operations and $876 million is designated for investment in capital infrastructure. Operating costs include the city’s general fund — which is the primary operating fund for the city — technology allocations, n…