SPLOST V
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.
E-SPLOST V Focus
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Renovating & Revitalizing Marietta City Schools facilities and infrastructures district wide to ensure a well-maintained and secure learning environment for students and staff at all campuses. Immediate Projects (not inclusive) are:
- Park Street (Replacement) Elementary School – New Construction
- College & Career Academy – New Construction
- Contemporary Learning Environments
- Interactive learning, Virtual Reality, and other STEM technology devices
- Facility Condition Assessment
- Educational Facilities Master Plan
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Sustaining & Improving technology and infrastructure for student learning.
E-SPLOST V Basic Facts
Referendum date: | March 21, 2017 |
Effective date: | January 1, 2019 |
Expiration date: | December 31, 2023 |
Projected total Marietta City Schools revenue: |
$62,486,000 |
SPLOST V Budget & Expenditures as of June 30, 2021
Budget | Expenditures | |
---|---|---|
Construction, Modifications and Renovations | $40,386,000.00 | $47,823,504.58 |
Technology (Classroom) | $9,500,000.00 | $3,619,248.21 |
Technology (Infrastructure and Administration) | $8,000,000.00 | $1,358,158.58 |
Student Transportation | $4,050,000.00 | $90,805.00 |
Copy Machines | $400,000.00 | $117,275.52 |
Legal and Administrative | $150,000.00 | $8,247.50 |
Total Proposed Expenditures | $62,486,000.00 | $ 53,017,239.39 |