Local Issues
Forsyth County School Board Confirms Intent to Roll Back Millage Rate for FY 2024
June 12, 2023
On Wednesday, May 31, 2023 the Forsyth County School Board held its first public meeting on their Fiscal Year 2024 (FY2024) budget. The first draft of the budget did include a roll back of 1 mil, which would change the millage rate from 17.3 to 16.3.
However, even with this roll back, residents attending Wednesday’s meeting claim their estimated tax bills went up significantly. One homeowner reported her bill went up by 30%.
In the proposed budget presented last Wednesday, funds were set aside to address future increases in health care costs and future land purchases. School Board members Wes McCall, District 1, and Mike Valdes, District 5, both questioned the need for these set asides with Valdes stating his desire to give the taxpayers relief this year.
The School Board’s Chief Communications Officer announced on Thursday, June 1, that after hearing from residents they will consider rolling back the millage rate more than the original proposed 1 mil. However, the amount of the total roll back has not been determined.
The next draft of the budget and proposed millage rate is now being prepared by the Board and system leaders. It will be presented at the next budget hearing on Thursday, June 15.
About the PBOR Market Brief
The Paulding Board of REALTORS® (PBOR) Market Brief is compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Board at 770.866.1397.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Paulding Board of REALTORS®
The Paulding Board of REALTORS® (PBOR) has been an instrumental factor in the growth of real estate in Paulding County, Georgia for more than a decade. PBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.