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PTC to vote on SPLOST support tonightThu, 07/16/2009 - 1:11pm
By: John Munford
The Peachtree City Council is expected to vote tonight on a resolution to support putting a new 1 percent sales tax on the November ballot for voters' consideration. The item was added to council's agenda Tuesday afternoon after the initial agenda was released Friday afternoon. Council will discuss the matter at its meeting tonight at 7 p.m. at City Hall, though the resolution is near the end of a very lengthy agenda. Monday evening, officials from Peachtree City and Fayette's other municipalities met with county leaders to discuss potential projects for a new special purpose local option sales tax (SPLOST) that would collect funds over six years instead of the traditional five-year term. The current countywide SPLOST for transportation projects expires in April. The decision to put another SPLOST on the ballot rests solely with the Fayette County Commission, which has proposed doubling the local homestead property tax exemption if the SPLOST is passed. The county's potential SPLOST projects include: • $50 million to pay off the county’s Justice Center; At Monday's meeting, Peachtree City Mayor Harold Logsdon identified potential SPLOST projects for the city as follows: • $5.4 million for debt retirement; |