Tax Rates

Sales Tax Information

City Sales Tax is 8.25%, effective October 1, 2005.

The City receives 2% of the 8.25% sales and use taxes that are remitted by retailers within the City limits:

• 1.000% is used for general operating purposes
• 0.500% is used for transportation improvements through the Georgetown Transportation Enhancement Corporation (GTEC), the City's 4B Economic Development Corporation, authorized in May 2001
• 0.125% is for Georgetown Economic Development Corporation (GEDCO), the City's 4A Economic Development Corporation, approved in May 2005
• 0.125% is for property tax relief, approved in May 2005
• 0.250% is used for street maintenance, sunset revision approved November 2006; expires March 2011
• 6.250% is collected and retained by the State of Texas

8.250% Total sales tax rate

The City's sales tax base is diverse, with revenues being generated by national retailers, building materials and utilities, etc. The heavy residential growth over the past few years has also created a demand for more restaurants and other retailers that have also expanded the City's tax base. Sales tax has increased over the past few years due to an increase in new retail developments within the City, such as Walgreens, a second HEB grocery, and a new Rivery Towne Shopping Center, which includes Home Depot and Walmart Supercenter. In July 2005, Wolf Ranch, a 750,000 sq ft Simon development, which includes Target, Old Navy, PETsMART, Michaels, and Best Buy, among others, opened in Georgetown providing additional shopping opportunities.

Property Tax Information

Property Tax Rates for 2008 (per $100 taxable valuation):

• $0.35622 City of Georgetown
• $1.29 GISD
• $0.46832 Williamson County
• $2.11454 Total Combined Tax Rate