(The Center Square) — Barrow County leaders and their opposite numbers within the county’s six towns have agreed to divvy the proceeds of Transportation Special Purpose Local Option Sales Tax must electorate approve it in November.
The five-year tax is anticipated to lift an estimated $130 million over 5 years. The bulk of the cash — more or less $94.2 million — would pass to Barrow County, whilst the county seat of Winder would obtain more or less $18.6 million.
In a news unlock, Mayor Pro Tem Travis Singley mentioned the cash can be “transformational” for the town.
“Six of the main thoroughfares through Winder are State Routes, and we can’t confuse City streets with state highways, we must collaborate with DOT for future projects on those,” At-Large Councilmember Shannon Hammond mentioned in a unlock. “However, our City streets need attention. Dedicated funding will allow us to deliver on more resurfacing projects on our 95 miles of City streets.”
The towns of Auburn (6.43%), Statham (3.37%), Braselton (1.57%), Bethlehem (1.27%) and Carl (0.55%) will break up the rest cash.
Elsewhere in Georgia, Cobb County commissioners are mulling a Mobility SPLOST to fund a 30-year, $4.5 billion bus fast transit plan. A 1% SPLOST may just generate $10.9 billion in tax income for the county over 30 years, and county officers may just search to leverage further federal greenbacks.
County commissioners may just additionally ask electorate to approve a shorter plan after they head to the polls in November 2024.
“These scenarios … do include $900 million of bonding … that would be paid off with revenue collected through that program [to] allow for a faster delivery, a larger capital program delivery very, very quickly,” Cobb County Department of Transportation Director Drew Raessler mentioned all over a fee paintings consultation. “The duration of it [will] be used to pay down those bonds and to operate the system.
“…What we’ve put in combination this is, typically inside of that 10 years, construct it as fast as we perhaps can and make excellent on anything else that the electorate have licensed,” Raessler added. “And then for the rest two decades, permit for the operation of that machine in order that that machine can proceed to function one day generations.”
This article First seemed in the center square