Changes in millage rates, which are set annually, are impending as Forsyth County Government examines its upcoming budget provisions in an attempt to increase tax revenue. This move comes on the back of escalating property assessments. Millage rates are directly tied to property assessments. There are three public hearings on the books between now and the beginning on August with the first one scheduled for this Thursday.
The intent is to weigh these proposed changes alongside public consensus while ensuring transparent policy-making and affording the community an opportunity to voice their opinions. The raise would most likely mean a higher tax bill for Forsyth County residents. The examination of budgetary allocations is intended to address the changing financial landscape the county is facing. From an economic perspective, it is crucial that such evaluations are undertaken to ensure that the revenue remains steady, especially in light of the rising inflation.
All three public meetings will be held at the Forsyth County Administration Building in Cumming. Specific dates for the meetings can be found here.
