SPLOST

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 SPLOST

 

Special Purpose Local Option Sales Tax (SPLOST) is a 1 percent tax on all sales and uses in Newton County. SPLOST is used only for infrastructure and debt services. The 2017 SPLOST is anticipated to raise an estimated $64,800,000 for county and municipal projects.

The sales tax will be imposed for six years.

Calculations are made based on previous year county sales to estimate what funding might be possible with the additional penny tax.  From that amount, budgets are created for priority projects and estimates are made as to how distribute the funds to those projects.  This information is placed on the ballot for the public referendum for voting.

The SPLOST accrual period is typically five or six years during which the funds are accrued.  Depending on the economy and urgency of need, some projects may be bonded in order to begin before all the money has accrued.  The bond is then repaid with the SPLOST funds.

The 2017 SPLOST was approved by Newton County voters on March 21, 2017. 

Each municipality within Newton County came up with a list of projects they felt are needed in their city or town and the county put together a committee of citizens to come up with items that will be paid for through SPLOST moneys.

Such county projects include improvements to the Emergency 911 center, improvements and expansion of the county’s senior center, a youth outreach for the west side, improvements for parks throughout the county, infrastructure for the county’s library system, improvements to the animal shelter and equipment and vehicles for the Sheriff’s Office, Fire Services and county staff.

The following is a list of SPLOST information beginning in 1986 for the purpose of constructing the Cornish Creek Reservoir / Lake Varner.

See 2017 proposed SPLOST projects for details.

See SPLOST Project History for details on past projects.

See SPLOST Law for details on the legal side of the referendum.

 

 

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