After being closed for the month of April, Georgetown reopened nonessential businesses to varying degrees in May, bringing a stalled economy back to life.
According to data released July 8 by the Texas comptroller of public accounts, Georgetown saw an 11.64% increase in sales tax revenue generated in May. City officials had initially projected to see an 8% decrease in May.
The total revenue generated was $2,592,904, per the report. In May 2019, sales tax revenue was $2,322,611.
Georgetown also saw a year-over-year increase in April despite the city being shut down due to the coronavirus pandemic. Data showed the city had a 0.69% increase in sales year over year. City officials had projected an 8% decrease in April as well.
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