Georgetown is lowering its property tax rate, but your actual tax bill could still increase because home values are going up. So, even with a smaller percentage, you might end up paying more overall.
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You might pay more in property taxes even though the rate is going down, thanks to soaring home prices.
Homeowners who see their property values rise significantly could benefit from the lower rate, but many will likely pay more.
Homeowners who don't see a proportional increase in their income to match rising property values could be negatively impacted.
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