.

County Expecting $55 Million in 2015 SPLOST Revenues, Commission Chairman Told Farmland Gathering

Davis, right, at meeting
Davis, right, at meeting
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

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something