County Manager Unveils the FY 2012-2013 Recommended Budget
Posted on 5/22/2012
On May 17, 2012, J. Dudley Watts, Jr., County Manager of Forsyth County presented the FY 2012-2013 Recommended Budget to the Board of County Commissioners.
The recommended budget includes a tax rate of 67.87 cents which is .47 cents higher than the current rate of 67.4 cents. Of the proposed 67.87 cent tax rate, 4.1 cents is dedicated to two Education Debt Leveling Plans. Information about the Education Debt Leveling Plans and how Forsyth County uses North Carolina Education Lottery Funds can be found on the Budget & Management Department’s “Learn About…”page.
The recommended budget continues the theme of maintaining service levels while maximizing efficiency with as little impact to the citizenry as possible. The recommended budget includes minimal growth in Property Taxes which is 58% of the County’s revenue source. Sales Taxes are projected to grow slightly from current year estimates but not at the 5% growth anticipated by State projections.
The FY 2012-2013 proposed budget is $394,912,807, up 1.7% or $6,673,641 higher than the current year original budget.
To see the County Manager’s FY 2013 proposed budget and Alternate Service Level information in its entirety, please visit the Preliminary Budget page of our website.
Hard copies of the FY 2013 Manager’s Proposed Budget and the Alternate Service Level document can be found at any of the Forsyth County Public Library Branches.
The County Manager is scheduled to provide a detailed presentation of the budget on May 24th and the Public Hearing will be held on Tuesday, May 29th at 6:00 pm during the regular meeting of the Board of Commissioners.
Thank you for your interest in Forsyth County, North Carolina.