Georgetown staff present $1.6 billion draft budget, emphasize record capital spending

Jun 23, 2026

City staff told the council the FY2027 draft budget totals about $1.6 billion, with capital outlays concentrated in water and utilities and an emphasis on public safety, infrastructure and financial stewardship; the official proposal will be presented in August.

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City staff presented a draft FY2027 budget that staff said totals about $1,600,000,000, with the majority of that amount programmed for capital projects rather than operating costs. "So the overall budget is, we anticipated being proposed at 1,600,000,000," the city manager said as staff walked the council through fund schedules and the capital improvement plan.

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