Georgetown is leading a charmed life with respect to sales tax revenues. While the State of Texas as a whole is down, Georgetown's sales tax revenue for the last reporting period is up 6.37% compared to the same month last year. Georgetown has received $10,915,630 so far in 2016, which is a 9.28% increase over last year.
Thus, Georgetown has received about $1M more in sales tax revenue this year compared to last year. Is the city going to use this windfall to reduce taxes on the citizens, or, are they quietly going to spend it on some new baubles? Anyone taking bets?
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