Understanding E-SPLOST

SPLOST III (Special Purpose Local Option Sales Tax)

  • On Sept. 16, 2008, voters in the City of Marietta and throughout Cobb County approved the SPLOST renewal in a special election by a vote of 21,859 (a 60.8 percent approval rating). The third SPLOST term ran from Jan. 1, 2009 through Dec. 31, 2013, and was expected to collect $797.6 million for the Cobb School District and $59 million for Marietta City Schools.

    SPLOST is a countywide, one-cent tax on all consumer goods that must be approved by voters in a referendum and is in effect for five years. The first education SPLOST, approved in 1998, collected $529.9 million for Cobb and $38.8 million for Marietta. On September 13, 2003, voters in the City of Marietta and throughout Cobb County overwhelming supported the SPLOST renewal, passing the measure with a nearly 80 percent approval rating. The second SPLOST term ran from January 1, 2004 through December 31, 2008. SPLOST II was expected to collect $636.5 million for Cobb and $47 million for Marietta. The third SPLOST term ran from Jan. 1, 2009 through Dec. 31, 2013, and was expected to collect $59 million for Marietta City Schools.

    SPLOST III Budget/Expenditures

      Budget Expenditures
    Debt Retirement $15,234,750.00 $18,319,699.25
    Technology (Classroom) $13,615,000.00 $7,033,144.29
    Technology (Infrastructure and Administration) $2,727,500.00 $2,398,535.14
    Construction, Modifications, Renovations & Equipment $20,195,092.00 $12,248,144.51
    Student Transportation $2,012,410.00 $1,255,856.33
    Driver Education Cars $407,465.00 -
    Copy Machines $460,000.00 $792,500.00
    School Food Nutrition Program $532,052.00 -
    Legal and Administrative $250,000.00 $34,509.71
    Apply to Debt Retirement* $15,163,305.00 $0.00
    Totals $55,434,269.00 $42,082,389.23