Georgetown Considers Selling Water System to Private Provider Amid Growth Challenges
Early voting has commenced in Georgetown, Texas, for a pivotal election scheduled for May 2, which will decide whether the city will sell a portion of its public water system to a private entity, National Utility Infrastructure (NUI). The city aims to divest parts of its water system that extend into neighboring cities to better manage future growth and rising costs. Currently, about 40% of Georgetown's water utility customers reside outside the city limits, in areas like Florence, Liberty Hill, and Salado. These areas are anticipated to experience rapid development, and Georgetown is legally obligated to provide water services to them. The proposed sale is seen as a way to stabilize rates and reduce long-term infrastructure expenses. If approved by voters, the Texas Public Utility Commission would also need to approve the sale, a process that could take up to two years.