A Special Purpose Local Option Sales Tax (SPLOST) for Education (E-SPLOST) is a countywide, one-cent (penny) tax on all consumer goods that must be approved by voters in a referendum and is in effect for five years. A sales tax is based on consumption and is shared by all consumers. Estimates show that up to 30% of these funds are paid by non-Cobb County residents. If approved by voters, E-SPLOST is expected to collect $62.486M for Marietta City Schools (MCS) to construct, renovate, and revitalize aging school facilities district wide to ensure a well-maintained and secure learning environment for students and staff at all campuses; and, keep pace with rapidly changing technology for student learning.
How Will The Money Be Used?
If approved, the E-SPLOST V term would begin January 1, 2019
Budget Construction, Modifications and Renovations $36,986,000 Technology (Classroom) $9,500,000 Technology (Infrastructure and Administration) $8,000,000 Student Transportation $4,050,000 Safety and Security $550,000 Instructional Materials/Equipment $2,850,000 Copy Machines $400,000 Planning, Legal and Administrative $150,000 Total Proposed Expenditures $ 62,486,000.00