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PTC, Tyrone OK SPLOST electionFri, 08/07/2009 - 3:55pm
By: John Munford
Voters will have final say over 1 percent sales tax Peachtree City, Tyrone and Fayetteville have each approved an agreement that is expected to lead to voters considering a new 1 percent sales tax for Fayette County. The actions came during each community’s council meeting Thursday night. The proposed special purpose local option sales tax (SPLOST) would be on the ballot in November for the municipal elections and a special election the same day for voters in unincorporated Fayette County. The proposed SPLOST would bring in up to $135 million over a six-year period. If approved by voters, it would begin collecting revenue when the current countywide transportation SPLOST ends in April. The SPLOST election is expected to be approved by the Fayette County Commission Thursday, Aug. 13. While the new SPLOST would focus less on transportation, Peachtree City officials have said its passage is critical. There is roughly $9 million in the SPLOST for street and cart path resurfacing, and without those funds the city will have to make an estimated $2 million cut in next year’s budget. The city is also proposing to pay down $2.6 million in debt from the library and airport bonds along with another general bond issue. The city also would spend $2.81 million to pay off a lease purchase debt instrument. Among other large-scale projects for Peachtree City include two cart path bridges at a cost of $1.9 million each: one over Hwy. 74 north and the other over Ga. Highway 54 east. Other cart path projects include $1.14 million for a tunnel underneath Rockaway Road to connect with Meade Field and $1.01 million for the path connections for a tunnel underneath Hwy. 74 south that will be located at the Rite-Aid pharmacy. The Rite-Aid tunnel will be built by the state as part of the highway road widening project due to start later this year. Tyrone would receive up to $2.7 million over the six-year SPLOST, with $1.4 million going toward street resurfacing, milling, patching and shoulder enhancement. Tyrone is also expecting to spend $490,000 to pave gravel roads and $485,000 to realign roads. Tyrone also projects to spend $200,000 on miscellaneous cart path extensions and $127,000 on intersection improvement projects. login to post comments![]() |