FY 2027 Budget and Tax Rate
Summary
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
- Total mentions
- 19
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Aug 25, 2026.
Impact analysis
The average homestead tax bill is expected to remain stable despite the tax rate increase.
All residents benefit from continued city services and infrastructure improvements.
Existing homeowners whose property values may be impacted by the tax differential.
Mentions & discussions (22)
City Council - Aug 25, 2026
The city has finalized its budget and tax rate for the upcoming year. While the tax rate is increasing, the city expects no increase in the average homestead tax bill due to lower property values.
Workshop - Aug 11, 2026
The city is proposing a $1.6 billion budget with a focus on water infrastructure and public safety. The proposed tax rate is 36.3 cents, which is expected to keep the average tax bill flat.
City Council - Aug 11, 2026
The city is reviewing its spending plan for the next year. This budget will determine funding for city services, infrastructure, and the tax rate residents will pay.
Workshop - Jul 28, 2026
Council members raised concerns that MUD tax rates are not clearly communicated to homebuyers, potentially misleading them about their total tax burden.
Transportation Enhancement Corporation - Jul 20, 2026
The board is setting the financial plan for next year's transportation projects. This determines how sales tax money is spent on road and infrastructure improvements in Georgetown.
Economic Development Corporation - Jul 20, 2026
The board is setting the financial roadmap for next year, which includes funding for business retention and new economic opportunities. This budget directly impacts how the city attracts jobs and supports local businesses.
Legislative Task Force - Jul 15, 2026
The city is looking at its financial challenges to decide what legislative changes it should push for at the state level. This matters because it directly impacts how the city funds its services and manages its growth.
Workshop - Jul 14, 2026
Council members are concerned that the 95-cent MUD tax rate is too high and that homebuyers aren't fully aware of the long-term financial impact compared to city taxes.
Water Utility Advisory Board - May 14, 2026
A resident, Hugh Prifogle, spoke during public comment about concerns regarding residential rates for watering his large lot.
City Council - May 12, 2026
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.
Transportation Enhancement Corporation - Apr 20, 2026
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.
Workshop - Apr 14, 2026
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.
City Council - Apr 14, 2026
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.
Workshop - Mar 24, 2026
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.
City Council - Mar 24, 2026
The City Secretary received a 5% salary increase, combining market and merit components.
Economic Development Corporation - Feb 9, 2026
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.
Transportation Enhancement Corporation - Feb 9, 2026
The corporation's financial performance for the fourth quarter of Fiscal Year 2025 was reviewed, showing revenues exceeding budget. This indicates sound financial management.
City Council - Jan 27, 2026
An ordinance amending the city code regarding street lighting service fees passed its second reading.
City Council - Jan 13, 2026
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
Georgetown Texas Adopts $1.3B FY 2026 Budget, Lowers Tax Rate, Raises Utility Rates Hello Georgetown
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