Government budget and revenue in Georgetown, Texas: official figures
Georgetown's city government took in $312.41 million in total revenue in the fiscal year ended 30 September 2023, or $3,611 for each of its 86,507 residents (2024 figure in the finance file).
How much does Georgetown spend and on what?
It spent $316.45 million in the same year, $3,658 per resident. The largest identified functions were the electric utility (30.1%), the water utility (14.3%) and public buildings (10.6%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Georgetown collect per resident?
Taxes raised $88.18 million ($1,019 per resident) in the fiscal year ended 30 September 2023, 54.9% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Georgetown rely on?
Of Georgetown's tax revenue in the fiscal year ended 30 September 2023, property tax made up 42.0%, general sales tax 42.2%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 10.1%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%.
Source: U.S. Census Bureau · saved copyHow much federal and state money does Georgetown get?
Payments from other governments made up 0.9% of Georgetown's city government's general revenue in the fiscal year ended 30 September 2023: 0.0% from the federal government ($0 per resident), 0.9% from the state. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Georgetown raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $49.91 million, 31.1% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $151.81 million.
Source: U.S. Census Bureau · saved copyHow much does Georgetown spend on police?
Georgetown's city government spent $18.75 million on police in the fiscal year ended 30 September 2023, $217 per resident and 5.9% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does Georgetown spend on fire protection?
Fire protection cost $23.00 million, $266 per resident, in the fiscal year ended 30 September 2023.
Source: U.S. Census Bureau · saved copyHow much debt does Georgetown have?
At the end of the fiscal year ended 30 September 2023, Georgetown's city government owed $229.19 million in long-term debt, $2,649 per resident. During the year it issued no new long-term debt and repaid $20.05 million.
Source: U.S. Census Bureau · saved copyHow much does Georgetown pay in interest on its debt?
Interest on debt cost $11.46 million in the fiscal year ended 30 September 2023, 3.6% of total spending.
Source: U.S. Census Bureau · saved copyAre the Georgetown budget figures reported or estimated?
Georgetown did not report most of its 2024 figures: the Census Bureau imputed 100% of the revenue dollars in its record, so these amounts are estimates and are left out of the city rankings.
Source: U.S. Census Bureau · saved copyMore on Georgetown: overview · economy and jobs · health · education and schools · poverty and living standards · all cities in the United States
Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
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