FORSYTH COUNTY, Ga. — Forsyth County Commissioners are expected to adopt the FY 2022 millage rate Thursday at 6:30 pm, the regular Board of Commissioners meeting will begin at 5 pm.
The county’s proposed rate is 7.896 mils, the same as last year. The proposed budget is $186,100,000, a 13.4 percent increase over last year’s adopted budget.
CFO Marcus Turk
CFO Marcus Turk said he anticipates 2023 revenue of $186,100,000 and expenditures of $180,566,670, with $5,533,330 available to be added to the county fund balance.
The tax digest that was finalized on May 26 showed a total increase from $16.7 billion last year to $20.38 billion this year.
But the county’s millage rate tells only a small part of the story. The school system has approved a millage rate more than double the the county’s at 18.718 mils, including bond pay back. Total millage rate for residents of Forsyth County is 27.614 mils.
Only one person spoke out against the county’s millage rate during the last public hearing. Steven Schroeder, a resident of Vickery Village, said, “The millage rate should be discounted by 10-12 percent due to the exorbitant amount of assessed value that has been imposed by the (Tax) Assessor’s Office.”
Schroeder added, ” I know personally of 21 property owners in my community of Vickery Village that have filed appeals because their assessed value has been overstated.”
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