The millage rate in Forsyth County is not expected to increase this year according to county officials.
At a special called work session on Thursday, Forsyth County Commissioners took a look at the 2019 budget. During the meeting, County Manager Eric Johnson said the tax rate is not expected to increase.
“We have the balanced general fund with no millage increase,” Johnson said. “We’re proposing to maintain services and improve selected services.”
The millage rate is the formula that calculates property taxes. One mill equals $1 for every $1,000 in assessed property value, which is 40 percent of the actual market value.
During the meeting, commissioners reviewed the planned budgets and new items of various county departments.
The next step is to refine the budget before it comes back to commissioners for a work shop on June 12 to look at the official preliminary budget.
“That’s where we summarize every department with a line,” said Dave Gruen, the county’s chief financial officer.
The millage rate will then be set in July, and the budget will be adopted in October.