Health & Fitness
County Expecting $55 Million in 2015 SPLOST Revenues, Commission Chairman Told Farmland Gathering
Oconee County is projecting that it will receive $55 million from the proposed Special Purpose Local Option Sales Tax to be on the ballot on May 20, up from the $40 million projected from the current SPLOST.
Revenue from the current 1 percent optional sales tax is running behind projections, however, and county officials now are expecting it will generate only about $35 million by the time it expires at the end of next year.
The $55 million figure was released by Oconee County Board of Commissioners Chairman Melvin Davis on Thursday night at a discussion called by citizens interested in advocating for continued funding for farmland protection from SPLOST.
The $15 or $20 million increase in projected revenue has no impact on actual spending, which is based solely on money received.
The increase in projections, however, makes it easier for the county to add more projects to the SPLOST ballot language, including at least some funding for a $25 million courthouse or judicial facility.
For more on the story, with a video clip from the farmland meeting, go to Oconee County Observations.Β