Georgetown City closes public hearing after staff says 2025 tax rate unchanged

Georgetown City Council closed a public hearing on the city's proposed 2025 tax rate after a city staff member said the tax rate had not changed and that a 4% figure discussed would increase revenue because assessed property values rose.

The public hearing, described by a city staff member as held pursuant to the Colorado Revised Statutes, drew a short exchange during the oral-comment period clarifying that the tax rate itself remained the same even though an annual 4% reference would raise revenue as assessed values increased.

A resident during public comment asked for clarification: "Are y'all gonna explain? Is is this is the typical thing where you raise it every year and as long as it's not over 4% total, there's, like, no. Yeah. So so did the rate actually stay the same or did it'" The resident completed the question by asking whether the rate had changed.

A city staff member replied: "The the tax rate is, I understand, did not change. It is always the same. But what it is is the 4% is actually gonna increase our revenue. That's what it's doing." The staff member also noted there were no written comments submitted and acknowledged the public comments received.

After the exchange the presiding official announced the public hearing was closed. The transcript does not record a formal vote on adopting a final tax rate or the exact numeric tax rate discussed during the hearing.

The record excerpt shows the exchange and the closing of the hearing; no further actions on the tax rate or subsequent council decisions are recorded in the provided transcript segment.