Fiscal Year 2021-22 Adopted Budget

Mayor Allen Joines, Mayor Pro Tempore Adams, and the City Council have adopted the FY 2021-2022 budget totaling $532.2 million, with $373.3 million budgeted for operations, $110.1 million for capital, and $48.8 million for debt service. Compared to FY 2020-21, the total budget increased by 13.1%.

The adopted FY 2021-22 operations budget is balanced with an adopted tax rate of 61.24 cents per $100 of assessed value, which is a 2.5 cent decrease from the current rate of 63.74 cents. The Forsyth County Tax Office conducted an appraisal of real property values in 2021. The revenue-neutral rate (which is the rate that is estimated to produce revenue for the next fiscal year equal to the revenue that would have been produced for the next fiscal year by the current tax rate if no revaluation had occurred) is 58.42 cents.

Click the image to view the full FY 2020-21 Adopted Budget Document

2021-2022 Proposed Budget Document

Fiscal Year 2021-22 Proposed Budget

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