continuation of e-splost
DESCRIPTION
Continuation of E-SPLOST. For the Boys and Girls of Appling County . E-SPLOST. E = Education S = Special Purpose L = Local O = Option S = Sales T = Tax (E-SPLOST). Rate and Length. Rate shall be 1 (one) percent Length shall not exceed 5 (five) years. Past Completed Projects . - PowerPoint PPT PresentationTRANSCRIPT
Continuation of
E-SPLOSTFor the Boys and Girls of
Appling County
E = Education S = Special Purpose
L = Local O = Option S = Sales
T = Tax (E-SPLOST)
E-SPLOST
Rate shall be 1 (one) percent
Length shall not exceed 5 (five) years
Rate and Length
E-SPLOST III
Past Completed Projects
ACS Softball Field & Tennis Court
Appling County Elementary & Primary HVAC
ACHS Band Practice Field and ACES Track
Appling County Pre-K Center
Appling County Middle School Classrooms & Weight Room
ACHS Track Parking, High School Track, Highway #1 Road
Connection
Fourth District Elementary School Renovations
Altamaha Elementary New Construction/Renovations
Cap on E-SPLOST III was $20 million
Pay as You Go Method Utilized & will also be the same for Proposed E-SPLOST IV which will allow for savings in interest
E-SPLOST III
E–SPLOST IV
Proposed Projects
Shall a special one percent sales and use tax for educational purposes continue to be imposed in Appling County for a period of not to exceed (20) calendar quarters (5 years) and for the purpose of raising not more than $20,000,000 of net proceeds buy said tax, which shall go to the School District for the purpose of (i) acquiring technology improvements, including safety and security improvements, computer technology, hardware and software; (ii) adding to, renovating, repairing, improving, furnishing, and equipping existing school buildings and other buildings and facilities useful and desirable in connection therewith, including, but not limited to, physical education/athletic facilities, roofing, HVAC, electrical and technology infrastructures, paving, covered walkways and gymnasiums; (iii) acquiring new school equipment; including, but not limited to, new buses, transportation, maintenance, and school vehicles and
Proposed E-SPLOST March 6, 2012
(iv) acquiring, constructing and equipping new storage facilities and other facilities; (v) acquiring textbooks and instructional materials and equipment; (vi) acquiring any necessary or desirable property, both real and personal, the maximum amount of the projects to be paid with sales and use tax proceeds shall be one-half of the total net tax proceeds collected.
E-SPLOST Referendum (continued)
Needs
Appling County School System Technology-Phase in 21st Century Technology
Altamaha Elementary Gym Renovations
Appling County Primary School Renovations and Upgrades
Appling County Elementary School Renovations and Upgrades
ACHS Field House Renovations/Upgrades
and Stadium Upgrades
Appling County Middle School Renovations and Upgrades
New Bus Maintenance Facility
ACS Textbooks and Instructional Materials
Appling County School System Vehicles/Buses
Appling County School System Property
Altamaha Balance of Altamaha Renovations/ Gym/ Construction Projects
$2,280,000
High School School and Stadium Renovation and Upgrades/Additions
$3,275,060
Elementary Complex Renovations and Modifications Beyond Present Projects; Balance of HVAC; Roof
$3,396,084
Proposed Projects
Middle School Renovations Beyond Present Projects HVAC Replacement, interior renovations roof improvements
$1,939,710
Bus Maintenance/Board Office
New Bus Maintenance Facility & Board Office Upgrades
$434,000
CONSTRUCTION SUBTOTALS
$11,324,854
Proposed Projects continued
Technology Replacement and Upgrades of Technology , Phase in 21st Century Technology
$4,302,665
Transportation/Rolling Stock
Buses, transportation, maintenance, and school vehicles
$1,500,000
Textbooks Acquisition of Textbooks Includes Digital Textbooks and Hard Backs
$1,878,887
TECH, TRANS, & TEXT SUB TOTALS
$7,681,552
OVERALL TOTALS $19,006,406
Proposed Projects
10-Year BOE Millage Rates
2002 2003 2004 2005 2006 2007 2008 2009 2010 201114.20
14.40
14.60
14.80
15.00
15.20
15.4015.3
15.18 15.18
14.87 14.84
14.7514.67 14.67
15 15
What will the E-SPLOST save local property taxpayers?
• 1 BOE mill in 2011 = $674,096• $20 million (over 5 years) divided by
$674,096 per year = 5.93 mills• 15.00 current millage + 5.93 mills = 20.93• A 39.53% increase in property taxes
would be needed to raise 20.93 mills (max is 20 mills)
• And/or a bond referendum would be needed
Property Tax Equivalent
CAMDEN AND COFFEE COUNTY
BACON AND JEFF DAVIS COUNTY
Thank You!…to our friends and neighboring counties for supporting Appling
County Schools.