Special Purpose Location Option Sales Tax
Since 1996, school systems in Georgia have been allowed to place a referendum before taxpayers for an Education Special Purpose Local Option Sales Tax (E-SPLOST or SPLOST) that has enabled school districts across the state to build and renovate schools, upgrade technology and reduce long-term debt without adding additional tax burden to the local system's property tax owners.
SPLOST VI REFERENDUM (CURRENT)
DATE: August 12, 2021
EFFECTIVE: November 2, 2021
Projected Total Stephens SPLOST Receipts (5 years): $26,000,000
(i) adding to, renovating, repairing, improving, and equipping existing school buildings, school campuses and school system facilities, including athletic facilities, fine arts facilities, and career, technical and agricultural education facilities, including acquiring any necessary property therefor, both real and personal, (ii) acquiring miscellaneous new equipment, fixtures and furnishings for the school system, including technology equipment, security equipment, band equipment, textbooks, electronic instructional media and other instructional materials, (iii) acquiring school buses and transportation and maintenance equipment, (iv) acquiring, constructing and equipping a new agricultural education facility, (v) acquiring real estate and conducting site preparation of real estate for school district purposes, and (vi) acquiring, construction and equipping new school system facilities, including acquiring any necessary property therefor, both real and personal, with the maximum cost of the projects described in items (i)(vi) payable from said tax being $26,000,000, (vii) paying any general obligation debt of the School District issued in conjunction with the continuation of said sales and use tax, and (viii) paying expenses incident to accomplishing the foregoing.
SPLOST I TOTAL RECEIPTS: $15,252,937 COLLECTED
SPLOST II TOTAL RECEIPTS: $16,956,571 COLLECTED
SPLOST III TOTAL RECEIPTS: $16,983,594 COLLECTED
SPLOST IV TOTAL RECEIPTS: $16,389,654.69 COLLECTED
SPLOST V TOTAL RECEIPTS: $20,330,774.49 COLLECTED
SPLOST VI TOTAL RECEIPTS: (See BOE Meeting Minutes for SPLOST activity reports.)
- To date: Over $85,913,531 has been collected through ESPLOST I, ESPLOST II, ESPLOST III, ESPLOST IV, ESPLOST V
- 100% of collected proceeds have been used for school construction/ additions/ renovations, transportation, technology
ESPLOST funds cannot be used for the day to day operations (ex. salaries) of the school system