Marietta City Schools

SPLOST III (Special Purpose Local Option Sales Tax)

Your tax dollars make a difference in our children's future

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 runs from Jan. 1, 2009 through Dec. 31, 2013, and is 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 runs from January 1, 2004 through December 31, 2008. SPLOST II is expected to collect $636.5 million for Cobb and $47 million for Marietta. The third SPLOST term runs from Jan. 1, 2009 through Dec. 31, 2013, and is expected to collect $59 million for Marietta City Schools.

SPLOST III Timeline

SPLOST III Budget/Expenditures thru January 31, 2010

  Budget Expenditures
Debt Retirement $18,253,071.00 $3,199,024.25
Technology (Classroom) $7,381,789.00 $0.00
Technology (Infrastructure and Administration) $2,117,600.00 $0.00
Construction, Modifications and Renovations $10,450,000.00 $708,812.84
School Security $2,925,813.00 $0.00
Student Transportation $1,106,500.00 $0.00
Driver Education Cars $584,817.00 $0.00
Copy Machines $792,500.00 $0.00
Legal and Administrative $250,000.00 $299.40
Apply to Debt Retirement* $15,163,305.00 $0.00
Totals   $59,025,395.00   $3,908,136.49

*Additional bond debt retirement is pursuant to collection of all projected revenues and completion of proposed projects.

Last Updated: Feb 23, 2010