How Georgetown is run

Who runs Georgetown, what it costs, and where your money goes

The city manager, council pay, the budget, your property tax bill and who provides each service, from Georgetown's own public documents. Every number links to its source and says which year it describes. Checked Oct 10, 2026.

Who runs Georgetown

The elected mayor heads the city government and appoints its top administrator and department heads. The council passes laws, adopts the budget and sets the tax rate.

City of Georgetown

What they are paid

Chief Administrative Officer Devon Golden: base payNot confirmed2024. City of Georgetown · Jun 24, 2024
A council member$14,837 a year2025. 2025 pay after a 2.9% cost-of-living raise set by the state Department for Local Government, which the city applies automatically under a 2013 ordinance. Later raises not confirmed. Georgetown News-Graphic · Feb 14, 2025
The mayor$95,435 a year2025. 2025 pay after a 2.9% cost-of-living raise set by the state Department for Local Government, applied automatically under a 2013 city ordinance. Later raises not confirmed. Georgetown News-Graphic · Feb 14, 2025
Council benefits
  • The FY2026-27 budget includes $107,009 for council medical and hospital insurance.

Georgetown city staff

234 full-time-equivalent positions. 2024-06-24. Authorized positions in the 2024 personnel ordinance, not full-time equivalents. The FY2026-27 budget funds six new positions. City of Georgetown · Jun 24, 2024

The city publishes pay grade ranges in its personnel ordinance. We found no list of individual employee pay. We name pay only for elected officials and the city manager.

Is Georgetown in the red?

Cities must pass a balanced budget, so "profit" and "deficit" mean something different here. The useful questions: does the city's everyday money (the general fund) cover its everyday costs, how much does it keep in savings compared with its own target, and how big are its pension and debt bills.

General fund, FY2026-27$57.1MOut of $90.3M across all city funds, which includes utilities and other money that can only be spent on one thing. City of Georgetown · Jun 8, 2026
Savings grew, FY2025 (audited)+$6.8MGeneral fund revenue $52.4M, spending $46.2M. Took in $6.2M more than it spent. Lease and software proceeds of $4.1M added to that and $3.5M of net transfers out reduced it, so the general fund balance rose $6.8M. City of Georgetown · Apr 22, 2026

The city's own outlook

The mayor's budget message says the FY2026-27 operating budget needs $64,921 of prior-year reserves to balance, plus just over $9 million of capital and one-time spending. It warns that occupational license fees on wages, nearly half of general fund revenue, grew only 4% in FY2024-25, so revenue projections are more conservative. City of Georgetown · Jun 8, 2026

Savings against the city's own target

Unassigned general fund balance: $26.4M (2025-06-30). The city's own target: Keep a minimum general fund balance of 30% of estimated operating revenues or expenditures, whichever is greater (policy adopted October 2024). The city meets this target. City of Georgetown · Apr 22, 2026

Pension promises not yet funded$45.4M(2025-06-30). City of Georgetown · Apr 22, 2026
Debt owed$90.8M2025-06-30. City of Georgetown · Apr 22, 2026

Why we skip the "budgeted deficit": many cities plan to dip into savings, then spend less than planned. The audited result tells you what really happened.

Where the money comes from and goes

The general fund only: the city's everyday money for FY2026-27.

Comes from

  • Occupational license fees on wages (employee withholding)$22.4M · 39%
  • Insurance license fees$9.5M · 17%
  • Drawn from general fund reserves$9.1M · 16%
  • Occupational license fees on business net profits$4M · 7%
  • Property taxes$3.3M · 6%
  • Ambulance (intergovernmental)$1.6M · 3%
  • Kentucky Utilities franchise fees$1.4M · 3%
  • Other$5.7M · 10%

City of Georgetown · Jun 8, 2026

Goes to (FY2026-27)

  • Police$13.8M · 24%
  • Fire$10.1M · 18%
  • Interlocal agencies shared with Scott County$9.6M · 17%
  • Transfers to other funds$6M · 10%
  • Public works$3.8M · 7%
  • Debt service$3.2M · 6%
  • General government$2.8M · 5%
  • Storm water$2.3M · 4%
  • Other$5.6M · 10%

City of Georgetown · Jun 8, 2026

Who provides your services

Not everything in Georgetown is run by the city. Who provides a service decides whose budget pays for it and whose election decides it.

Compared with similar cities

The cities in this state closest in population that we cover. Read it for scale, not as a ranking: cities provide different services.

ElizabethtownKYRichmondKYGeorgetownKYCovingtonKY
Residents35,44840,66340,88341,847
Top administrator's base payNot confirmedNot confirmedNot confirmedNot confirmed
Council member payNot confirmedNot confirmed$14,837Not confirmed
General fund per resident$2,104$1,105$1,396$1,755
Debt per resident$2,600$2,834$2,220$2,484
Unfunded pension per resident$1,389$1,269$1,112$2,315
City staff per 1,000 residents——5.78.8

Figures as shown in each city's section, divided by its population. Years differ by state, and pension figures are measured differently in each state (each city page says how).

What Georgetown publishes

What a resident can find online today. A "no" is something you can ask the council to publish.

Questions to ask your council

  1. Unassigned general fund reserves were $26.4 million on June 30, 2025, more than double the $11.8 million minimum set by the city's policy. The FY2026-27 budget draws $9.1 million from general fund reserves. How much reserve does the city plan to keep after that?
  2. Occupational license fees on wages are budgeted at $22.4 million in FY2026-27, nearly half of general fund revenue, and grew only 4% in FY2024-25. What would the city change if that growth stays slow?
  3. Property taxes are budgeted at $3.3 million in FY2026-27, while occupational license fees on wages are budgeted at $22.4 million. Should the city rely so heavily on payroll-based revenue?
  4. The city owed $90.8 million in bonds and notes on June 30, 2025, most of it for water and sewer, much of it short-term bond anticipation notes. How and when will those notes be refinanced?

The fiscal year starts July 1. The mayor submits the budget to the council. The FY2026-27 budget ordinance was introduced on June 1, 2026 and passed 8-0 on its second reading on June 8, 2026. See who is running for council

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