CITY OF GEORGETOWN, TEXAS

COMPREHENSIVE ANNUAL FINANCIAL REPORT

FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2008

Prepared by:

Division of Finance and Administration

Micki Rundell, CGFO – Director

Leticia Zavala, CGFO – Controller

Lorie Lankford, CGFO – Accounting Supervisor

TABLE OF CONTENTS INTRODUCTORY SECTION: Letter of Transmittal ......................................................................................................................................i GFOA Certificate of Achievement .............................................................................................................. vii Organizational Chart ................................................................................................................................. viii Elected Officials and Administrative Officers............................................................................................... ix City of Georgetown Map...............................................................................................................................x FINANCIAL SECTION: Independent Auditors’ Report.......................................................................................................................1 Management’s Discussion and Analysis ......................................................................................................3 Basic Financial Statements Government-wide Financial Statements

Statement of Net Assets................................................................................................................17 Statement of Activities...................................................................................................................18 Fund Financial Statements

Governmental Funds Balance Sheet ...............................................................................................................................23

Reconciliation of The Governmental Funds Balance Sheet to the Statement of Net Assets ...............................................................................................24

Statement of Revenues, Expenditures, and Changes in Fund Balance..........................................................................................................................25 Reconciliation of the Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balance to the Statement of Activities.................................................26 Statement of Revenues, Expenditures and Changes in Fund Balance Budget and Actual – General Fund ........................................................................................28 Proprietary Funds Statement of Net Assets................................................................................................................29 Statement of Revenues, Expenses and Changes in Fund Net Assets ........................................30 Statement of Cash Flows ..............................................................................................................32 Fiduciary Funds Statement of Fiduciary Net Assets – Agency Funds.....................................................................34 Notes to the Financial Statements.......................................................................................................36

Required Supplementary Information Texas Municipal Retirement System Trend Data ................................................................................69 Modified Approach for Streets Infrastructure Capital Assets ...............................................................70

Combining and Individual Fund Financial Statements and Schedules Combining Financial Statements – Nonmajor Governmental Funds

Combining Balance Sheet.............................................................................................................72 Combining Statement of Revenues, Expenditures and Changes in Fund Balance ......................74

Schedules of Revenues and Expenditures – (Budget Basis) – Budget and Actual (Non-GAAP) – Reconciled to GAAP Basis

Special Revenue Funds Court Fees ..............................................................................................................................76 Fire Billing ...............................................................................................................................77 Library Restricted....................................................................................................................78 Main Street Façade ................................................................................................................79 Mapping ..................................................................................................................................80 Parks.......................................................................................................................................81 Police ......................................................................................................................................82 Street Tax ...............................................................................................................................83 Tourism...................................................................................................................................84 Village Improvement District ...................................................................................................85 Downtown TIF ........................................................................................................................86

Supplementary Individual Fund Financial Statements and Schedules – Major Governmental Funds General Fund Comparative Balance Sheets........................................................................................................88 Comparative Statements of Revenues, Expenditures and Changes in Fund Balances ...............89

Schedule of Revenues and Expenditures (Budget Basis) - Budget and Actual............................90 Georgetown Transportation Enhancement Corporation (GTEC) Comparative Balance Sheets........................................................................................................94 Comparative Statements of Revenues, Expenditures and Changes in Fund Balance .................95 Schedule of Revenues and Expenditures (Budget Basis) – Budget and Actual .........................96 Debt Service Fund Comparative Balance Sheets........................................................................................................97 Comparative Statements of Revenues, Expenditures and Changes in Fund Balances ...............98 Schedule of Revenues and Expenditures (Budget Basis) – Budget and Actual ...........................99 General Capital Projects Comparative Balance Sheet........................................................................................................100 Comparative Statements of Revenues, Expenditures and Changes in Fund Balances .............101

Schedule of Revenues and Expenditures (Budget Basis) – Budget and Actual .........................102

Combining Financial Statements - Nonmajor Proprietary Funds Enterprise Funds

Combining Statement of Net Assets ...........................................................................................104 Combining Statement of Revenues, Expenses and Changes in Fund Net Assets.....................105

Combining Statement of Cash Flows..........................................................................................106 Internal Service Funds

Combining Statement of Net Assets ...........................................................................................108 Combining Statement of Revenues, Expenses and Changes in Fund Net Assets.....................109

Combining Statement of Cash Flows..........................................................................................110

Supplementary Individual Fund Financial Statements Enterprise Funds

Electric Fund Comparative Statements of Net Assets ...............................................................................114

Comparative Statements of Revenues, Expenses and Changes in Fund Net Assets .........115 Water Services Fund Comparative Statements of Net Assets............................................................................... 116

Comparative Statements of Revenues, Expenses and Changes in Fund Net Assets ......................117 Airport Fund

Comparative Statements of Net Assets................................................................................118 Comparative Statements of Revenues, Expenses and Changes in Fund Net Assets .........119

Sanitation Fund Comparative Statements of Net Assets ...............................................................................120

Comparative Statements of Revenues, Expenses and Changes in Fund Net Assets .........121 Stormwater Drainage Fund

Comparative Statements of Net Assets................................................................................122 Comparative Statements of Revenues, Expenses and Changes in Fund Net Assets .........123 Agency Funds ..........................................................................................................................................126 Capital Assets Used In the Operation of Governmental Funds................................................................128 STATISTICAL SECTION Net Assets by Component – Last Six Fiscal Years ..................................................................................132 Changes in Net Assets – Last Six Fiscal Years .......................................................................................134 Fund Balances of Governmental Funds – Last Ten Fiscal Years ............................................................138 Changes in Fund Balances of Governmental Funds – Last Ten Fiscal Years.........................................140 Property Tax Levies and Collections - Last Ten Fiscal Years..................................................................142 Assessed and Estimated Actual Value of Taxable Property - Last Ten Fiscal Years ..............................144 Property Tax Rates - Direct and Overlapping Governments - Last Ten Fiscal Years..............................146 Principal Taxpayers – Current Year and Nine Years Ago........................................................................147 Taxable Sales by Category – Last Ten Fiscal Years ...............................................................................148 Direct and Overlapping Sales Tax Rates – Last Ten Fiscal Years ..........................................................150 Sales Tax Revenue Payers by Industry – Fiscal Years 2006 and 1997 ..................................................151 Ratio of Outstanding Debt by Type – Last Ten Fiscal Years ...................................................................152 Ratio of Net General Obligation Bonded Debt to Assessed Value and

Net General Obligation Bonded Debt Per Capita - Last Ten Fiscal Years ........................................154 Computation of Direct and Estimated Overlapping Bonded Debt ............................................................156 Computation of Legal Debt Margin...........................................................................................................158

Revenue Bond Coverage - Utility Funds - Last Ten Fiscal Years ............................................................160 Utility System Condensed Statement of Operations ................................................................................162 City’s Equity in Utility System...................................................................................................................164 Demographic and Economic Statistics - Last Ten Fiscal Years...............................................................166 Principal Employers – Current Year and Nine Years Ago........................................................................167 Full Time Equivalent City Government Employees by Function – Last Ten Fiscal Years........................168 Operating Indicators by Functions – Last Ten Fiscal Years.....................................................................170 Summary of Insurance Coverage.............................................................................................................172

About the cover... The annual Red Poppy Art Contest sponsored by the Main Street Program attracts a wide variety of artwork featuring the red poppy, which is Georgetown’s signature flower. This year for the first time in the history of the contest, the winning entry is a tapestry rather than a painting. Nadene Brown’s depiction of red poppies on a scenic tapestry, titled My Poppies, is the 2007 contest winner and cover for our budget.

Introductory Section

February 11, 2009 Honorable Mayor and City Council, City Manager and Citizens of Georgetown, Texas: The comprehensive annual financial report of the City of Georgetown, Texas (the City) for the year ended September 30, 2008, is hereby submitted. The financial statements are presented in conformity with generally accepted accounting principles (GAAP) as set forth by the Governmental Accounting Standards Board (GASB) and have been audited by independent auditors in accordance with generally accepted auditing standards. Management Responsibility for Financial Information. The City’s Finance and Administration Division has prepared the Report and is responsible for both the accuracy of the data and the completeness and fairness of the presentation, including all disclosures. To the best of our knowledge and belief, the enclosed data is complete and reliable in all material respects. All disclosures necessary to enable the reader to gain an understanding of the City's financial activities have been included. The Reporting Entity. This report includes all the funds of the City, as well as, the City’s discretely presented component unit, the Georgetown Economic Development Corporation (GEDCO), its 4A economic development corporation. The City provides a full range of services, which include police and fire protection; construction and maintenance of streets and other infrastructure; recreational activities and cultural events. In addition to general government activities, the City also provides electric, wastewater, water, sanitation, stormwater drainage and airport services which are included in the reporting entity. The City is also financially accountable for Georgetown Transportation Enhancement Corporation (GTEC), a Texas 4B economic development corporation, which funds transportation projects that enhance economic development within the City. GTEC is presented as a blended component unit within the reporting entity. Management Discussion and Analysis. GAAP requires management to provide a narrative introduction, overview and analysis to accompany the basic financial statements in the form of Management’s Discussion and Analysis (MD&A). This letter of transmittal is designed to complement MD&A and should be read in conjunction with it. The City’s MD&A can be found immediately following the independent auditors’ report located at the front of the financial section of this report. DESCRIPTION OF THE CITY Georgetown is a Home Rule Charter City and operates under a Council - Manager form of government. A mayor and seven council members are elected on staggered, three-year terms from single member districts. Georgetown once was a small town, founded in 1848, with a strong agricultural base, in the heart of Williamson County, 26 miles north of Austin. Today, Georgetown has an estimated population of 47,353, with an additional 15,000 within the extra-territorial jurisdiction (ETJ) and serves as the county seat of Williamson County, the second fastest growing county in Texas. Today's Georgetown struggles to maintain its unique and historic character while managing on-going growth and economic viability.

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Over the past 20 years, Georgetown has worked to restore and maintain its historic downtown square and to ensure that downtown is the heart of the community. This work was acknowledged when it won the Great American Main Street Award in 1997 and is on-going, as Georgetown continues to ensure the economic vitality of its downtown. The City adopted a Downtown Master Plan in 2003 to provide guidance in managing growth and redevelopment of the area to preserve its historic character and small town “feel”. Due to this unique character and small town charm, Del Webb Corporation elected to build its first Texas development in Georgetown with the 1995 opening of Sun City, Texas. Today, over 5,365 homes with over 11,000 retirees make Sun City and Georgetown their home. Del Webb intends to complete the 7,500 unit development within the next few years. Georgetown is also home to Southwestern University, which continues to receive national recognition. The University is ranked No. 10 for “Best College Values” on the National Liberal Arts Colleges list by U.S. News and World Report. With 1,300 students and 425 employees, the University provides substantial economic and cultural contributions to Georgetown. GEORGETOWN'S ECONOMIC OUTLOOK Community Growth – 2007/08 Review Summary Providing services to a rapidly growing community continues to challenge community leaders. Much headway has been made, as new revenue sources were developed and existing ones expanded. The City’s tax base grew to over $4.1 billion, while the population topped 47,000. Utility customers have grown to over 23,000, a 4.5% increase over the prior year. Funding city services continues to provide challenges for city leaders. Revenue sources continue to be developed to offset potential tax increases, and keep property taxes among the lowest in the region. Some examples are expanding the City’s Electric Utility into the City of Round Rock to provide electric service to the Premium Outlet Mall and Scott and White Hospital. The City also provides water services to municipal utility districts outside our extra territorial jurisdiction. Both of these expansions generate revenues without the requirements of providing public services. Continued build out at both the Wolf Ranch and Rivery retail centers has occurred with the opening of restaurants and retail. Souper Salad, Montana Mikes, and Sephora opened during 2008. Additional retail space is being developed for the Vitamin Shoppe, James Avery, Wolf Camera and Video, Firehouse Subs, Mana Fu’s Asian House and a third Starbucks. The “Square” experienced growth during 2008 with the opening of Silver and Stone Restaurant and Wine Bar, Dia Thai Cuisine and D’vine Wine. The Monument Cafe moved to a new location on the “Square”. Development also continues at Sun City, with residential homes now exceeding 5,000. The guidebook “Retirement Places Rated”, ranked Georgetown as the top place in the country to retire, sighting the City’s strong economy and affordable housing. These same factors have also helped bring several large, non-age restricted, development projects to the area such as Water Oaks, a 2,600 acre development and Somerset, a 3,000 acre master planned development in Northern Georgetown. The 600 unit Sierra Ridge project, being developed by Georgetown Housing Authority, is aimed to fulfill the need for added options for affordable housing in Georgetown. Overall, it’s an exciting time to be in Georgetown. Current Economic Outlook The recent economic downturn of the economy nation wide has affected Georgetown and the surrounding area. In January 2009 the City enacted the Budget Contingency Plan as outlined in the Fiscal and Budgetary Policy. Sales tax projections were lower by 10% and a hiring freeze was issued for several open and new positions in the General Fund. The City is taking a conservative approach during this time. The City does have close proximity to major employers in the area, such as Dell Corporation in Round Rock and other high tech companies in the north Austin area, as well as a large retirement community. The average disposable income in Georgetown and Williamson County continues to be well above the state average.

Transmittal Letter Page iii

Georgetown is located on Interstate 35, the major corridor between Dallas and San Antonio, at the intersection of State Highway 130. SH 130 is a new toll road linking Georgetown with Interstate 10, east of San Antonio, thereby bypassing the highly congested Austin area. The final expansion of Parmer Lane, a major arterial from Round Rock to IH 35 North of Georgetown on the far western side will open many sites for future development. This project is expected to alleviate traffic congestion and provide an economic benefit to the area. Georgetown offers viable economic opportunities. Two local employers, Airborn and Texas Outdoor Power Equipment, have announced expansion plans for next year. Build out at both Wolf Ranch and Rivery retail centers have also occurred. A major hotel/convention center is scheduled to open by 2010 at the Rivery, providing much needed meeting space to the community, as well as, improvements to Rivery Park. A second Walgreen’s drug store is under construction on HW29, across from Wolf Ranch. Two new hotels are being built along IH35 that will jump start the implementation of the Williams Drive Gateway Master Plan redevelopment project. Over 1 million square feet of new commercial property, valued over $72 million, was added in 2007/08. The Downtown area continues to see revitalization and development. The recently completed Tamiro Plaza, a four story 34,000 sq ft office building, provides added office and professional services space in the area. The City continues to implement projects outlined in the Downtown Master Plan. Improvements and beautification of Main Street and downtown sidewalks reinforce the quaint feeling of the downtown area. Georgetown takes an active role in water and wastewater planning with both the Brazos River Authority (BRA) and Lower Colorado River Authority (LCRA) to find regional solutions to the ever increasing demand for services, while protecting the natural environment within the area. Growth within the utilities continues to have strong impacts to the financial and economic conditions of Georgetown. The City continues preliminary negotiations with LCRA regarding its long term power supply contract, as the current contract expires in 2016. Currently, the City receives 90% of its power needs from the LCRA. The City’s goal is to ensure adequate supplies well into the future, with minimal financial impacts to the rate base. MAJOR INITIATIVES Utility Rates. The City continues to review rate requirements for all utilities annually, as part of the budget process. Environmental mandates for water and wastewater continue to be the driving factor in rate analysis. Water and wastewater rates were reviewed by the City to ensure rates were funding the costs of providing services. The City uses a conservation water rate structure that allows the users of the peak demand for water to pay for the costs of future plant expansion. Electric rates were increase in January 2008 by 5%, to adequately recover costs associated with service delivery and purchased power costs. At this time the power cost adjustment was then eliminated as elements were redistributed. In July 2008, the power cost adjustment was reinstated at a rate of $.01/per kWh due to soaring oil prices. Utility System Expansion. Contracting for additional water with the Brazos River Authority has ensured the availability of a long-term water supply for Georgetown. Expenses in the wastewater utility have increased due to the Edwards Aquifer compliance issues and increasing treatment plant operational costs. The expansion of effluent for irrigation purposes, which provides large commercial customers a non-potable water supply for irrigation needs, has been completed to help mitigate the demand on the City’s water plants for treated water. The City continues to pursue options for regional wastewater service and is taking a leadership role in developing methods to promote sanitary sewer service and eliminate the proliferation of septic solutions to ensure water quality. Transportation. Traffic and transportation was one of the top highest concerns and priorities of the community during the 2008 Citizen Quality of Life Survey. In November 2008, city voters authorized $46 million for road projects, with bonds to be issued within the next ten years. The City is developing a plan to assume responsibility of traffic lights within the City by 2010. Developing a regional pavement design

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system and implementing the program to ensure cohesiveness of the City’s roadways is also a top priority. Development of a Transit System Master Plan to provide reliable alternatives to navigating the City was evaluated during the year. During the 2008/09 budget process, a pilot program was approved to assess the usage of a transit system. Public Safety. Improving public safety response has been a major priority for the last several years. 2008 provided for the additional staffing for public safety including an Impact Team and a second Warrant Officer. In addition, efforts have been made to improve public safety compensation to make Georgetown more competitive with other local governments when hiring new officers. Long Range Planning. Planning for Georgetown’s future is a major priority, as the City began an update of its comprehensive plan. Over the last several years, the City has annexed over 10,000 acres to ensure land use control over critical growth areas along Georgetown’s gateways. These annexations will require over $7 million in water and sewer improvements over the next few years. Park Improvements. The City continues to expand its award winning park system through continued development of the City’s trail system along the San Gabriel Rivers to Lake Georgetown. Construction of the Recreation Center expansion approved by the voters in November 2004 was completed in January 2009. This expansion provided an additional 47,000 sq ft to create a 65,000 sq ft facility, which includes an indoor pool and track, weight and cardio areas and a larger babysitting room. In addition, in November 2008 city voters authorized $35.5 million in bonds to fund park improvements. The bonds will be issued over the next ten to fifteen years. Facility Construction. The City continues to implement its long range facility plan. The City’s new 55,000 sq ft Library opened in January 2008, when library operations relocated from their 17,000 sq ft facility built in the late 1980’s. The expanded Recreation Center was also constructed in 2007/08. FINANCIAL INFORMATION The City is responsible for establishing and maintaining internal controls designed to ensure that the assets of the City are protected from loss, theft or misuse and that adequate accounting data is compiled to allow for the preparation of financial statements in conformity with generally accepted accounting principles. Internal controls are designed to provide reasonable, but not absolute, assurance that these objectives are met. The concept of reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the valuation of costs and benefits requires estimates and judgments by management. The City’s Director of Finance and Administration, Controller, and other key staff in the Division of Finance and Administration design and maintain the internal control structure. These controls are under continuing review by management, and under annual review by the independent auditors. During the year, the Finance Division performs internal audits on selected procedures and operations throughout the City organization. The selection of priorities and timing of audits are determined by the Director of Finance and Administration, along with the City Manager. Single Audit. As a recipient of federal and state financial assistance, the City is responsible for ensuring that adequate internal controls are in place to ensure compliance with applicable laws and regulations related to those programs. Internal controls are subject to periodic evaluation by management. The tests relating to the receipt of such funds are known as Single Audit testing. These tests are made to determine the adequacy of internal controls, including that portion related to federal financial assistance programs, as well as to determine that the City has complied with applicable laws and regulations. The City was not required to have Single Audit testing for fiscal year 2007/08.

Transmittal Letter Page v

Budgetary Controls. The City maintains budgetary controls to ensure compliance with legal provisions embodied in the annual appropriated budget approved by the City Council. Activities of all funds are included in the annual appropriated budget. The level of budgetary control (that is, the level at which expenditures cannot legally exceed the appropriated amount) is established by division and department within an individual fund. The City also maintains an encumbrance accounting system as one technique of accomplishing budgetary control. Encumbered amounts are reserved at year-end and carried forward into the following year. As demonstrated by the statements and schedules included in the financial section of this report, the City continues to meet its responsibility for sound financial management. Cash Management. Cash temporarily idle during the year was invested in demand deposits, US Treasury and agency securities, and the authorized investment pools, TexPool, Texas Term and TexStar. Demand deposits were either insured by federal depository insurance or collateralized. An independent third party bank in the City’s name held collateral on deposits. The City's investment policy allows investments in collateralized bank certificates of deposit, repurchase agreements, U.S. Treasury and agency securities and investment pools meeting specific criteria. All investments were in compliance with this policy and state law. The City had no realized losses on any securities held during the year. Risk Management. The City strives to enhance its risk management program each year. In order to minimize insurance costs and mitigate future increases, various risk control techniques are employed. Those techniques primarily include employee accident prevention training and the review of all accidents resulting in property damage or personal injury. OTHER INFORMATION Independent Audit. The City Charter requires an annual audit by independent certified public accountants. The accounting firm of Brockway, Gersbach, Franklin & Niemeier was selected by the City Council. The goal of the independent audit is to provide reasonable assurance that the financial statements of the City for the fiscal year ended September 30, 2008 are free of material misstatement. The independent auditor concluded, based upon the audit, that there was a reasonable basis for rendering an unqualified opinion that the City’s financial statements for the fiscal year ended September 30, 2008, are fairly presented in conformity with GAAP. The independent auditor’s report on the basic financial statements and schedules are included in the financial section of this report. Awards. The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City for its Comprehensive Annual Financial Report for the fiscal year ended September 30, 2007. The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting. In order to be awarded a Certificate of Achievement, a government unit must publish an easily readable and efficiently organized Comprehensive Annual Financial Report, whose contents conform to program standards. Such Comprehensive Annual Financial Reports must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year. The City has received a Certificate of Achievement for twenty consecutive years. We believe our current report continues to conform to the Certificate of Achievement program requirements, and we are submitting it to the GFOA. We are also proud to report that the GFOA has presented the Distinguished Budget Presentation Award to the City of Georgetown for each of the past twenty years. We are especially proud of this recognition since our Annual Operating Plan, or budget, is a part of the City's comprehensive plan, the Georgetown Century Plan.

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Acknowledgments. The presentation of this report on a timely basis could not be accomplished without the efficient and dedicated services of the entire staff of the Finance Division. We would like to express our appreciation to all members of the division who assisted and contributed to its presentation. Special acknowledgment goes to Lorie Lankford, Accounting Supervisor, Lisa Haines, Accountant III, Lindsay Daniell, Accountant I, and Danella Elliott, Administrative Analyst, for their dedication in preparing this report. We would also like to thank the City Manager, Mayor and City Council. The preparation of this report would not be possible without their leadership and support. Sincerely,

Micki Rundell, CGFO Leticia Zavala, CGFO Director of Finance and Administration Controller

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PoliceFinance &

AdministrationFire

GeorgetownUtility Systems

Assistant CityManager

Transportation

Electric Services

Water Services

CommunityServices

EngineeringFacilities

VSC

Accounting

Purchasing

CVBMain Street

Tourism

ParksRecreation

Library

Airport

InformationTechnology

A HOME RULE CITY

CITY COUNCILMAYOR (elected at large)SEVEN COUNCIL PERSONS

(elected by district)

CITIZENS OFGEORGETOWN

CITY SECRETARYCITY ATTORNEY MUNICIPALCOURT JUDGE

BOARDS &COMMISSIONS

CITY MANAGER

Municipal Court

EconomicDevelopment

HumanResources

CommunityDevelopment

Support ServicesBureau

AdministrativeServices Bureau

Animal Services

Field OperationsBureau

Administration

Operations

= City Divisions

Utility BIlling

Sanitation

PlanningServices

InspectionServices

Housing &NeighborhoodDevelopment

GeographicInformation

System

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CITY OF GEORGETOWN, TEXAS ELECTED OFFICIALS AND ADMINISTRATIVE OFFICERS SEPTEMBER 30, 2008 ELECTED OFFICIALS Mayor George Garver City Council Member, District 1 Patty Eason City Council Member, District 2 Gabe Sansing City Council Member, District 3 Keith Brainard City Council Member, District 4 Bill Sattler City Council Member, District 5, Mayor Pro Tem Pat Berryman City Council Member, District 6 Dale Ross City Council Member, District 7 Ben Oliver APPOINTED OFFICIALS City Manager Paul Brandenburg City Attorney Patricia Carls Carls, McDonald & Dalrymple, LLP City Secretary Sandra Lee Municipal Court Judge Randy Stump OTHER CITY OFFICIALS Assistant City Manager Tom Yantis Assistant City Manager -Utilities Jim Briggs Director of Finance and Administration Micki Rundell Interim Fire Chief Clay Shell Police Chief David Morgan

Austin

Dallas/Fort Worth

San Antonio

Lubbock

El Paso

Amarillo

Houston

Georgetown

Location

Georgetown is the northern most “gateway” to the gently rolling hills of Central Texas. While Georgetown offers the amenities and charm of a small community rooted in values of days gone by, it’s strategically and

centrally located in the middle of the four major metropolitan areas of Texas.

Austin is 26 miles south, Dallas is two hours north, Houston is two hours southeast and San

Antonio is just one-and-a-half hours south, placing Georgetown in a very advantageous position for cultural and economic develop-ment. Traveling to and

from Georgetown is easy, as it is at the crossroads of

IH-35 going north/south and State Highway 29 going east/

west. Access to Georgetown via the Austin-Bergstrom International

Airport was made much easier with the recent opening of State Highway 130, a new toll road from Georgetown to San Antonio that parallels IH-35.