$50 Million Utility Revenue Bond Sale for Water Initiative
Summary
The council is reviewing ordinances to issue utility system revenue bonds, including a $29 million low-interest bond with the Texas Water Development Board for water treatment and distribution improvements.
At a glance
- Total mentions
- 4
- Last 30 days
- 2
Discussed at 1 meeting in the last 60 days; most recently Sep 22, 2026.
Impact analysis
Authorizes $29 million in low-interest bond financing for water system enhancements.
City utility customers and future development requiring expanded water treatment capacity.
Water customers may face higher utility bills if rates are increased to cover rising costs.
Mentions & discussions (9)
City Council - Oct 13, 2026
The council is reviewing ordinances to issue utility system revenue bonds, including a $29 million low-interest bond with the Texas Water Development Board for water treatment and distribution improvements.
City Council - Sep 22, 2026
Council authorized a $50 million bond sale to finance vital water supply projects for the Georgetown Regional Water Initiative.
What’s next after Georgetown voters approved plan to sell portions of water utility
What’s next after Georgetown voters approved plan to sell portions of water utility KXAN Austin
Georgetown residents elect to sell portion of city's water utility
Georgetown residents elect to sell portion of city's water utility FOX 7 Austin
Georgetown election results: Voters approve sale of a portion of city's water utility
Georgetown election results: Voters approve sale of a portion of city's water utility KUT
Workshop - Mar 10, 2026
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
Election could see majority of Georgetown’s water service territory sold for $60M Community Impact | News
City Council - Feb 10, 2026
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
Putnam and the City of Georgetown Texas Public Policy Foundation
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