Thursday, September 20, 2007

Attention Taxpayers

An article in the Austin American Statesman titled “Williamson County Notebook: Rating equates to savings for taxpayers” will make many tax payers in Williamson county happy. This all is happening due to an increase in the county’s debt rating. The old rating of AA- was pushed up to a AA by Standard and Poor. An increase in the area’s population will also help increase the rating, and save many tax payers some money. Road and park bonds, which were approved by voters in 2006, will save 2.5 million in its 16 year life. Tax payers will have a much more stable rate, and in the long run save money. Many Williamson County citizens near the Georgetown are will benefit by this. This $228 million road bond package passed last year will widen many roads in the area, including Westinghouse Road. This new budget will help projects, like the widening of roads, finish much quicker. The new AA rating will help Williamson County sell three times as much bond, without harming the tax rate. Other projects that are proposed are new bike trails, improved athletic fields, etc.

This article can be found at Statesman.com

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