Georgetown FY27 tax rate rises, but average homestead bills to stay flat

$1.65 billion in expenditures

With a proposed budget of $1.65 billion for Fiscal Year 2027, Georgetown City Council plans to raise the city’s tax rate by about one cent for the coming fiscal year. 

However, the average homestead tax bill is not expected to change year over year, according to Georgetown City Manager David Morgan, due to a decrease in the taxable values of homes in Georgetown. Average home values fell from $…