The slides for the SPLOST VII presentation have appeared on the county’s website; here’s a link, with the text from that website. Videos are to come from last night’s Regular Session SPLOST VII Presentation. Meanwhile you can see video from Monday morning’s Work Session, in which they actually said more. Nothing seems to be in the VDT about this today, which is odd, since I’m pretty sure that’s the VDT reporter in the left foreground of this picture from last night. -jsq
What is Special Purpose Local Option Sales Tax (SPLOST)?As of July 1, 1985, Georgia law enabled local governments to collect SPLOST proceeds for capital improvement projects that would otherwise be paid for with General Fund or property tax dollars. SPLOST stands for Special Purpose Local Option Sales Tax, which is a one-cent sales tax allowing for the collection of the penny on every dollar to fund specifc projects that are approved by voters. SPLOST must be approved by voters in a referendum in order to be enacted. The collection of the tax lasts for six years; expenditures must be audited annually. The proceeds of the tax must be spent for capital (non-operating) items by the county government and participating cities within the county and in accordance with the list approved by voters. While through an intergovernmental agreement, counties and cities can receive SPLOST funds, SPLOST is a county tax.
What has SPLOST I-VI Funded?Since inception, SPLOST collections I-VI have funded projects and improvements throughout Lowndes County and the cities of Valdosta, Hahira, Lake Park, Remerton and Dasher. Your pennies at work:
SPECIAL PURPOSE LOCAL OPTION SALES TAX (SPLOST VII)SPLOST VII Presentation—7/23/13