FY2025 Financial Results and Fund Balance Decline
Forsyth County
Summary
County staff reported that lower sales tax collections and rising operational costs will force the county to use $5.5 million of its fund balance to close out fiscal year 2026. This decline threatens the county's top-tier AAA bond rating and has prompted a hiring freeze on non-critical positions.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Apr 6, 2026.
Impact analysis
Requires drawing $5.5 million from reserves and restricts hiring across county departments.
Taxpayers who avoid an immediate tax rate increase in the current fiscal year.
County departments facing operational strain and hiring restrictions.
Mentions & discussions (2)
Budget Workshop - 2026-04-06
County staff reported that lower sales tax collections and rising operational costs will force the county to use $5.5 million of its fund balance to close out fiscal year 2026. This decline threatens the county's top-tier AAA bond rating and has prompted a hiring freeze on non-critical positions.
Winter Work Session - 2026-02-12
County financial officers reviewed the annual audit, showing that operating revenues fell short of covering operating expenditures by $29.2 million last year. The gap was largely covered by one-time federal pandemic funds and transfers, leaving the county's financial cushion tighter than desired.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Forsyth County
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.