- By Kyle Wolf
- Posted Monday, May 15, 2017
2018 Preliminary Budget
On May 11, 2017, County Manager, J. Dudley Watts presented the FY 2017-2018 Recommended Budget to the Board of County Commissioners. The recommended budget continues to maintain service levels while maximizing efficiency.
The recommended budget includes a tax rate of 72.35 cents. This is a revaluation year where property values are adjusted every four years to ensure that all property bears its fair share of the tax burden. The recommended tax rate of 72.35 cents is the tax rate that would provide the same amount of revenue as the current fiscal year, plus an increase of 2.9 cents to pay for the $430 million bond referendum passed in November 2016. In fact, of the 72.35 cents, 4.51 cents is dedicated to an Education Debt Leveling Plan for bonds passed in 2006 and 0.57 cents is dedicated to the Library Debt Leveling Plan for bonds passed in 2010.
To see the County Manager's proposed budget including Alternate Service Level information in its entirety, please visit the Budget & Management Department page of our website and click on the "View FY18 Preliminary Budget" banner.
The FY 2018 Manager's Proposed Budget can be found at any of the Forsyth County Public Library Branches as a shortcut on any public computer. A hard copy of the Preliminary Budget document is located in the Clerk to the Board's office on the 5th floor of the Forsyth County Government Center.
The County Manager is scheduled to provide a detailed presentation of the budget on May 18th and the Public Hearing will be held on Monday, May 22nd at 2:00pm during the regular meeting of the Board of Commissioners.
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