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Economic Development
Forsyth County’s proximity to Hartsfield-Jackson have a long-term and positive impact for new and
Atlanta International Airport allows the area to be expanding businesses.
highly competitive in the international business
arena. More than 80 percent of the continental The cost of doing business in Cumming-Forsyth
U.S. population is within a two-hour flight from County is less than in any metro Atlanta community.
Hartsfield, which hosts most major airlines, provid- Ad valorem values are determined each year by the
ing direct service to both domestic and interna- Revenue Commissioner using a combination of fair
tional cities. The airport has also become a leading market value and wholesale value. These values are
air-cargo center, maintaining more than 1.5 million arrived at by using a variety of market guides that
square feet of cargo space. In addition, the widen- are available to the public. Industrial, commercial
ing of Georgia Highway 400, slated for completion and residential property taxes are assessed at 40
by mid-2018, will further economic growth and will percent of the real property value. Property tax is
determined by multiplying the assessed value of
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Aquademie!
the property by the established millage rate. One
Experience more than 30 working shower systems firsthand in mill is equal to $1 per $1,000 of the assessed value.
ShowerWorld, as well as training sessions and consultations for The 2015 millage rate for Forsyth County is 27.804.
architects, designers and remodelers. Schedule your appointment
at 800-334-0455 or aquademie_us@hansgrohe.com. Georgia’s maximum individual income tax is 6
Location: 1490 Bluegrass Lakes Pkwy, Alpharetta GA 30004. percent, based on federal adjusted gross income.
Find us at www.hansgrohe-usa.com or on your favorite social Any company doing business or owning prop-
media channel at /HansgroheUSA erty in Georgia is subject to the state’s corporate
income tax and corporate net worth tax. Still the
Hoover has been a major steel ball manufacturer lowest in the nation, Georgia’s corporate income
in Forsyth County for more than 30 years! tax is 6 percent on the taxable income derived from
business conducted in Georgia, while corporate net
In 2013, we launched Hoover Helpers; our program of committed employees that worth tax is based on the company’s net worth.
volunteer to support local charities and non-profits within the community.
In addition, Forsyth County is a Freeport county,
If you are interested in joining our team and want to offering 100 percent tax exemption on inventory
know more about Hoover, check us out at in all three categories – raw materials, goods in
process, and finished goods – held by the original
sales@hooverprecision.com manufacturer destined for out-of-state shipment.
or visit our website at
Of course, Forsyth County’s greatest asset is its
www.hooverprecision.com people. The Forsyth County workforce is one of the
most highly educated in the state, and the living
50 Cumming-Forsyth County Chamber of Commerce • 770-887-6461 • www.cummingforsythchamber.org environment in Cumming continues to attract the
best and brightest. Nearly 45 percent of Forsyth
County’s workforce holds a bachelor’s degree or
higher, and with the University of North Georgia
offering the Cottrell MBA program at its Cumming
campus, that percentage is sure to increase.
In partnership with the Development Authority
of Forsyth County, the Chamber can provide
potential clients with a one-stop-shop atmosphere
and create incentive packages based on the level
of capital investment and number of new jobs
created. The Chamber has created the Business
Advancement Resource and works closely with the
University of North Georgia and Lanier Technical
College. Community infrastructure progress has also
been a high priority and Forsyth County works
closely with local governments to invest in business.
