Monday, November 26, 2018

Oconee County Commissioners Told 2004 And 2009 Unspent SPLOST Funds Soon To Be Used

***Courthouse Expansion With 2004 Funds***

Oconee County soon will deplete money currently sitting in the 2004 and 2009 Special Purpose Local Option Sales Tax accounts and then will be dependent solely on revenue coming from the 2015 tax, county Finance Director Wes Geddings reported earlier this month.

The 2004 SPLOST account currently has $2.5 million in unspent funds, while the 2009 SPLOST account has $0.4 million, Geddings told the Board of Commissioners as part of his financial update for the first quarter of the 2019 Fiscal Year.