Friday, December 21, 2012

Oconee County Reports Surplus For 2004 Special Purpose Local Option Sales Tax and Spending From 2009 Tax

BOE Reports Tax Spending Too

Oconee County has $4.7 million in unspent revenue from the 2004 Special Purpose Local Option Sales Tax of 2004, which expired at the end of 2009, according to the required annual report on SPLOST spending published in yesterday’s edition of The Oconee Enterprise.

The report also shows that the county has spent about a third of the projected revenue from the 2009 SPLOST, which started in calendar year 2010 and will run for six years, ending in December of 2016.