Georgetown preliminarily approves maximum tax rate of $0.401

Georgetown will hold public hearings and a first reading of both the tax rate and budget Sept. 14. (Fernanda Figueroa/Community Impact Newspaper)
Georgetown will hold public hearings and a first reading of both the tax rate and budget Sept. 14. (Fernanda Figueroa/Community Impact Newspaper)

Georgetown will hold public hearings and a first reading of both the tax rate and budget Sept. 14. (Fernanda Figueroa/Community Impact Newspaper)

Georgetown City Council gave preliminary approval of a maximum tax rate of $0.401 per $100 property value, a decrease of $0.017 from the current tax rate of $0.418.

Despite the decreased rate, the average homeowner, based on a home value of $303,255, would pay $56 more in property taxes per year in fiscal year 2021-22 than in FY 2020-21.

The proposed tax rate is slightly lower than the voter-approval rate of $0.401237, which is the maximum rate allowed per law without voter approval, according to the state comptroller's office. The city's no-new-revenue rate, which would produce the same amount of tax revenue if applied, would be $0.330775, according to the city.

Council was also presented with a final proposed budget of $483 million for FY 2021-22, which features 53 new positions, funding for wastewater infrastructure and capital improvement projects.

The proposed general fund consists of $23.9 million from sales tax revenue, a 4.5% increase from FY 2020-21 projections, totaling $90.8 million, a 3.4% increase from FY 2020-21 projections.

The total proposed budget increased by 21.96% compared to FY 2020-21.

Major expenses in the budget include $114.7 million in planned capital improvement projects, $38.2 million in transportation, $49.8 million in a water and wastewater treatment capacity and distribution system, and $54.4 million in electric purchased power expenses.

Council will hold public hearings Sept. 14 on the first reading of both the tax rate and budget and formally adopt the tax rate and budget Sept. 28.

Editor's note: This post was updated to provide additional information about the tax rate.
By Fernanda Figueroa

Reporter, Georgetown

Fernanda joined Community Impact Newspaper as a reporter in March 2021 after graduating from The University of Texas Rio Grande Valley in December 2020 with a bachelor’s degree in mass communication and a second major in political science. Fernanda covers education, local government, non profits and business for the city of Georgetown. Prior to CI, Fernanda worked as a reporter for The Rider, UTRGV's weekly student newspaper and served as a media relations intern for UTRGV Athletics.


Students at O. Henry Middle School in Austin head in for their first day of school Aug. 17. (Ben Thompson/Community Impact Newspaper)
Austin ISD's COVID-19 rate lower than nearby districts after first month of school

Austin ISD recorded more cases in the first month of this school year than in all of the 2020-2021 school year. Still, Austin ISD saw a lower percentage of cases in students than surrounding school districts.

Wayback Burgers specializes in cooked-to-order burgers and hand-dipped milkshakes. (Courtesy Wayback Burgers)
Wayback Burgers coming to Leander; fire kills 75 dogs in Georgetown and more Central Texas news

Read the latest business and community news from the Central Texas area.

Georgetown Fire responded Sept. 18 to a call at the Ponderosa Pet Resort. (Community Impact Newspaper File Photo)
Fire at Georgetown facility claims 75 dogs

Fire at Ponderosa Pet Ranch results in 75 dog deaths

Shake's at 1208 Williams Drive, Georgetown is rebranding as Frozen Flamingo with an expanded menu. (Courtesy Photo)
Georgetown's Shake's rebrands as Frozen Flamingo with expanded menu

Shake's rebrands as Frozen Flamingo, to feature alcoholic drinks

 Busy Nurse's Station In Modern Hospital
Williamson County seeking input on community health needs

The Williamson County and Cities Health District is holding two focus group sessions through September with the goal of collecting public feedback on community health needs throughout the county.

DATA: How population changed in Texas counties between census counts in 2010, 2020

Texas added nearly four million people between 2010 and 2020, according to the latest Census data.

Georgetown Police officer Michelle Gattey (Courtesy Photo)
Georgetown police officer Michelle Gattey succumbs to COVID-19

Georgetown Police loses one of its own to COVID-19

Jorge and Aracely Alcocer, center, opened the Georgetown location of Fuego Latino Gastropub in 2020 with the help of their two sons and daughter. (Courtesy Fuego Latino Gastropub)
Fuego Latino Gastropub

Fuego Latino settles in to Georgetown digs

A volunteer unloads food from a truck during the Central Texas Food Bank's April 4 event to feed families in need at Nelson Field in Austin. (Courtesy Central Texas Food Bank)
Central Texas Food Bank delivering boxes of food directly to homes through 2021

Some families will be eligible to have boxes with food for 25 meals delivered by Amazon.

Chris Connealy serves as the senior director of Emergency Services for Williamson County, a position he has held since 2018. (Courtesy photo)
Connealy awarded Georgetown Chamber Cornerstone award for Public Safety

Chamber honors Connealy with Public Safety award

The Red Poppy Lot is an appealing choice for many because of its proximity to Georgetown's Town Square and nearby county offices. Eddie Harbour/Community Impact Newspapers
City turns focus to parking in downtown Georgetown

Georgetown looks to alleviate parking woes with garage