SPLOST VI Meeting Scheduled for Today
Local government leaders will look to finalize the proposed SPLOST VI resolution and intergovernmental agreement at a meeting later today.
Officials from Stephens County and the county’s municipalities are scheduled to meet at 9 a.m. today.
The county and municipalities still have to finalize the proposed resolution that will go before Stephens County voters this November when they cast ballots on whether or not to continue collecting the one-cent Special Purpose Local Option Sales Tax once SPLOST V five expires next June.
At the last joint SPLOST VI meeting last month, Stephens County and the city of Toccoa reached a compromise on splitting the majority of the proposed SPLOST VI revenues.
Under the compromise, Stephens County will receive roughly 70 percent of the collection with the city of Toccoa receiving roughly 30 percent.
That compromise came after county officials first asked for a 75/25 split on SPLOST VI, while city of Toccoa officials initially wanted to maintain the current approximate 65/35 split.
With a 70-30 split, the county would receive about $14.9 million of a $21.3 million projection over six years of SPLOST VI and the city of Toccoa would receive about $6.4 million, with Martin and possibly Avalon each receiving a small percentage of collections.
Today’s SPLOST VI meeting is set to take place at the historic Stephens County Courthouse in downtown Toccoa.