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Georgetown Bonds

Mobility Georgetown Bond 2021

The City of Georgetown has called a bond election for Saturday, May 1, 2021. Voters will consider a bond proposition for various street and transportation infrastructure projects. This election is being held in conjunction with the May General Election for local offices and propositions for other taxing entities.

The total amount of the bond proposition is $90 million in new spending authorizations. If voters approve Proposition A, the City anticipates raising the property tax rate by 3 cents once the bonds are issued to cover the full cost of the projects. The average Georgetown resident could expect their annual property taxes to increase by $83.40, based on the average homestead taxable value in 2020 of $278,001. The City expects to start work on the projects within seven years, economic conditions permitting.

Learn more about the projects and important election dates on the Mobility Georgetown Bond 2021 webpage.

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