Georgetown's dropping a huge $1.3 billion budget for next year, and guess what? Your property taxes are getting a break! But hold onto your wallets, because water and sewer bills are set to climb.
At a glance
Rising — being discussed more frequently. 5 mentions in the last 30 days, 2 the 60 before, 4 the 90 before that.
The budget amendment addresses year-end obligations, and the overtime ordinance impacts personnel costs.
The city benefits from accurate financial reporting and clear personnel policies.
Property owners within the PID due to increased assessments.
A resident, Hugh Prifogle, spoke during public comment about concerns regarding residential rates for watering his large lot.
The council held a public hearing and approved ordinances related to special assessments for the Bluffview Public Improvement District, including the issuance of bonds. This impacts property owners within the PID.
The Transportation Enhancement Corporation reviewed its financial performance for the first quarter of fiscal year 2026. This includes looking at revenue sources like sales taxes and interest income, as well as major expense categories like Capital Improvement Projects.
The council reviewed and discussed adjustments to the current fiscal year's budget, impacting various city funds and projects. These changes reflect updated revenue projections and project costs.
The city is reviewing its budget partway through the fiscal year to account for unexpected costs, project changes, and new revenue opportunities. This ensures funds are allocated effectively for city services and projects.
The city's financial performance in the first quarter of FY26 was reviewed, showing mixed results across different funds. Understanding these trends helps assess the city's fiscal stability and ability to fund services.
The City Secretary received a 5% salary increase, combining market and merit components.
The corporation's financial performance for the fourth quarter of Fiscal Year 2025 was reviewed, showing revenues exceeding budget. This indicates sound financial management.
The Economic Development Corporation reviewed its financial performance for the last quarter of fiscal year 2025. Revenues came in higher than expected, mainly due to strong sales tax collections.
An ordinance amending the city code regarding street lighting service fees passed its second reading.
The council approved second readings for ordinances amending the FY2025 budget for year-end obligations and regarding overtime pay for exempt employees, reflecting adjustments to financial management and personnel policies.
Georgetown Texas Adopts $1.3B FY 2026 Budget, Lowers Tax Rate, Raises Utility Rates Hello Georgetown
Georgetown eyes new fees, service cuts to address possible budget gap Community Impact | News
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