The Forsyth County commission could vote Thursday on a tax hike following a 6:30 p.m. public hearing at the county administration building.
The meeting marks the third, and final, public hearing for the proposed 0.668 increase of the county’s maintenance and operations rate, which would bring it to 4.502.
A 0.076 millage rate hike for the fire fund could also be voted on following the public hearing.
If these rates are adopted, the owner of a house assessed at $200,000 could see a tax increase of about $53 per year, according to Chief Financial Officer Bill Thomas.
The tax increase could generate about $5.7 million to help cover the projected $7.6 million shortfall in the preliminary 2010 budget.
Commissioners continue to look at additional options, including countywide furloughs, unpaid holidays, layoffs and employee health care cuts.
The board voted 3-2 on June 30 to increase the millage rate. Commissioners Jim Harrell and Brian Tam opposed it.
A mill is equal to $1 for each $1,000 in assessed property value.
E-mail Frank Reddy at frankreddy@forsythnews.com.
The meeting marks the third, and final, public hearing for the proposed 0.668 increase of the county’s maintenance and operations rate, which would bring it to 4.502.
A 0.076 millage rate hike for the fire fund could also be voted on following the public hearing.
If these rates are adopted, the owner of a house assessed at $200,000 could see a tax increase of about $53 per year, according to Chief Financial Officer Bill Thomas.
The tax increase could generate about $5.7 million to help cover the projected $7.6 million shortfall in the preliminary 2010 budget.
Commissioners continue to look at additional options, including countywide furloughs, unpaid holidays, layoffs and employee health care cuts.
The board voted 3-2 on June 30 to increase the millage rate. Commissioners Jim Harrell and Brian Tam opposed it.
A mill is equal to $1 for each $1,000 in assessed property value.
E-mail Frank Reddy at frankreddy@forsythnews.com.