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Fayette School Board meets Monday night on local option sales taxMon, 07/21/2008 - 12:23pm
By: Ben Nelms
Fayette County School board will meet Monday night at 7 p.m. to discuss putting a one-percent Special Purpose Local Option Sales Tax (SPLOST) on the November ballot. Estimated to bring in $110-115 million in the next five years, the revenues would fund debt service ($38 million), technology ($35 million), security ($2.5 million), testbook adoption ($2.5 million), transportation ($10 million) and an aquatic facility ($10 million). If they decide to pursue the SPLOST, board members would need to adoption on resolution to that affect on Aug. 4. login to post comments |