Em­ployee raises get early OK

Austin American-Statesman - - LOCALBRIEFING -

Ge­orge­town City Coun­cil mem­bers ap­proved a pro­posed 2.5 per­cent cost-ofliv­ing pay in­crease for city em­ploy­ees Tues­day. They are sched­uled to ap­prove the bud­get Aug. 24.

Wil­liamson County un­der­es­ti­mated prop­erty val­ues, city Chief Fi­nan­cial Of­fi­cer Micki Run­dell said, and the city was able to raise $225,000 more than ex­pected in prop­erty taxes, which can cover the pro­posed wage in­crease.

Taxes for the av­er­age home­owner in Ge­orge­town would fall by a lit­tle more than $13 un­der the pro­posed bud­get for 2010-11, said Run­dell. The pro­posed tax rate would stay the same: 35.62 cents per $100 val­u­a­tion. The av­er­age tax value for a house has fallen from $188,613 this year

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