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 | 0.6969 | 0.3575 | 1.0544 |
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information regarding the amount of taxes that each entity that taxes your property will impose if the entity adopts its proposed tax rate. Your local property tax database will be updated regularly during August and September as local elected officials propose and adopt the property tax rates that will determine how much you pay in property taxes.