Georgetown voters are getting a say on a massive $60 million deal to sell off a significant portion of the city's water service area. This decision could change who's in charge of your water supply and how much you pay.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 2 the 60 before, 2 the 90 before that.
Potential rate increases for water customers may be necessary to cover rising operational and debt service costs for the utility.
The long-term financial health of the water utility and the city's ability to fund infrastructure improvements are prioritized.
Water customers may face higher utility bills if rates are increased to cover rising costs.
What’s next after Georgetown voters approved plan to sell portions of water utility KXAN Austin
Georgetown election results: Voters approve sale of a portion of city's water utility KUT
The city is facing rising costs for its water utility, primarily due to infrastructure debt and water supply contracts. Adjustments to financial policies may be needed to ensure the utility remains financially sound while keeping rates affordable for customers.
Election could see majority of Georgetown’s water service territory sold for $60M Community Impact | News
A special election will be held to decide whether to sell a part of the city's water system to Bernhard Capital Partners Management, LP for at least $20 million. This decision could impact future water rates and services.
Putnam and the City of Georgetown Texas Public Policy Foundation
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