This report examined the fiscal impact that the proposed City of Sharon Springs would have on Forsyth County. This report answers several key questions posed by the board that have not been addressed by previous studies. Questions like will the county lose revenues that currently fund services that will still need to be provided county-wide? If so, how much of a millage rate increase to ALL county residents will be needed to make up the difference? To what extent will the county be able to reduce service costs due to the creation of the city? How will capital expenditures be impacted if the new city does not collect the county impact fee?
These are just a few of the questions that need to be answered in order to get a complete picture of the true fiscal impact of creating a new city.