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Tax Rates

School funding comes from three sources:  state, federal, and local funds.  Local funding is provided by the local tax dollars, which are split into two different parts - Maintenance & Operations (M&O) and Interest & Sinking (I & S).  M & O funding provides for the daily operations of the district, primarily including payroll.  I & S funding provides for the building & capital outlay projects of the district, primarily new school construction.
 
The following are the tax rates from 1998-present. 
Georgetown ISD Historical Tax Rates
Tax Rate Year(s) M&O I&S Total
1998-99 1.2755 0.3500 1.6255
1999-00 1.4497 0.2953 1.7450
2000-01 1.4350 0.1900 1.6250
2001-02 1.4570 0.2800 1.7370
2002-03 1.4800 0.2050 1.6850
2003-04 1.5000 0.2300 1.7300
2004-05 1.5000 0.2650 1.7650
2005-06 1.5000 0.2550 1.7550
2006-07 1.3700 0.2550 1.6250
2007-08 1.0400 0.2500 1.2900
2008-09 1.0400 0.2500 1.2900
2009-10 1.0400 0.2500 1.2900
2010-11 1.0400 0.2500 1.2900
2011-12 1.0400 0.3180 1.3580
2012-13 1.0800 0.3180 1.3980
2013-14 1.0800 0.3180 1.3980
2014-15 1.0800 0.3180 1.3980
2015-16 1.0800 0.3180 1.3980
2016-17 1.0800 0.3290 1.4090
2017-18 1.0800 0.3290 1.4090
2018-19 1.0800 0.3290 1.4090
2019-20 1.0100 0.3290 1.3390
2020-21 0.9781 0.3290 1.3071
2021-22 0.9020 0.3290 1.2310
2022-23 0.8846 0.3290 1.2136
2023-24 0.6992 0.3475 1.0467
**2024-25      
       
**To be adopted in Aug/Sept 2024