Georgetown Budget Growing at 10%+

The City, like all financial organizations like to "cherry pick" the numbers to show the best possible picture. The City touts that the 2019 budget growth is only 5%, and that is true year over year. But, on a longer trend, say 5 years, the annual growth is twice that. Here are the numbers from the city's financial documents.

The peculiar hump in 2017 is likely due to about $35M in capital expenditures for waste water facilities and Garey Park.

Needless to say, 10.18% annual growth significantly exceeds the metric of population growth plus inflation.