Friday, December 20, 2013

Oconee County Has At Least $2.6 Million In Unspent Funds From SPLOST 2014, Report Shows

Estimate Is Conservative

Oconee County has at least $2.6 million in unspent Special Purpose Local Option Sales Tax revenues from the 2004 tax initiative as the Board of Commissioners begins preparing voters to approve a new sales tax in May of 2014.

The current tax, SPLOST 2009, runs through October of 2015, and, as of June 30 of this year, the county had spent less than half of the projected revenue from that tax. Revenue is running behind projections, however, and the county has tried to hold spending to about 80 percent of projections.