SPLOST On September 19, 2006, a referendum was passed by the voters of Gordon County to continue the 1% Special Purpose Local Option Sales Tax for a five year period beginning July 1, 2007 and ending June 30, 2012. The purpose of this tax is to build, improve and update the facilities of the Gordon County School System. The maximum amount to be collected by the Gordon County School System is $39,686,500. SPLOST funds are received from the Georgia Department of Revenue on a monthly basis. Due to reporting requirements and processing time, these proceeds are primarily from a sales period two months prior to the distribution month. For example, the School Systems would receive funds in August that were actually for taxes collected on sales in June. Accordingly, SPLOST disbursement for purchases by the School System are made on a monthly basis. |
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