County will advertise millage rate of 27.614

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CFO Marcus Turk

FORSYTH COUNTY, Ga. — During Tuesday’s work session, the Board of Commissioners unanimously approved Chief Financial Officer Marcus Turk’s request to advertise a tentative millage rate for the FY 2021 budget.

The overall millage rate is tentatively 27.614 mils, 19.718 mils for the Forsyth County School System and 7.896 for the county. The FY 2020 millage rate was 27.654.

The proposed budget anticipates $163, 966,724 in general fund revenue, an increase of approximately 8 percent over last year, and $158,772,324 in expenditures, with $5,194,400 available to add to the contingency.

Turk projected a 3 percent increase in real and personal property taxes for the purpose of the millage rate authorization request.

The Fire Fund revenue is projected at$30,499,644 with expenditures anticipated at$29,486,265.

County Manager Kevin Tanner said, “Because of the conservative nature of Forsyth County the last several years, not only has your millage rate remained but you also have a plan in place to build the new administrative facility and purchase property and pay cash. No bonds. No SPOST funds. Cash. Very few counties in the country are managed as well as Forsyth County has been.”

 

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