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GISD board sets 2024 tax rate at $1.0544 per $100
Summary
The Georgetown ISD Board of Trustees adopted a resolution on Aug. 19, 2024 setting the district's 2024 tax rate at $1.0544 per $100 of valuation, allocating $0.6969 for maintenance and operations and $0.3575 for debt service. The board approved the measure unanimously.
The Georgetown Independent School District Board of Trustees voted Aug. 19 to adopt a tax rate of $1.0544 per $100 of assessed valuation for tax year 2024. The board's adopted split is $0.6969 for maintenance and operations and $0.3575 for payment of principal and interest on debts.
Trustee Elizabeth McFarland moved to adopt the resolution as presented by Jennifer Hanna; the motion carried unanimously. The resolution packet language states, "THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE." The board recorded no dissenting votes.
