Floyd County Public Hearing FY27 Tax 05/11/2026

The Floyd County Government held a public hearing on May 11, 2026, to discuss the proposed real estate tax rate increase from 0.44 to 0.46 cents for fiscal year 2027. The board deliberated on the necessity of the tax increase to support county services, including school salaries and EMS, especially given the uncertainty of the state budget. They emphasized the importance of moving forward with salary contracts for teachers to maintain staffing levels. The board also discussed economic development challenges, workforce retention, and the balance between maintaining services and tax rates. After discussion, the board voted to approve the 0.46 cent tax rate, with one member voting no. The meeting included considerations of budget planning, contract approvals related to salaries, and the impact of tax policy on county operations and economic development.