What will a penny sales tax for education buy? | News
ATLANTA -- Voters in two cities and six counties in Metro Atlanta will decide Tuesday whether to renew a one-cent sales tax for school construction.
The education SPLOST is a one-cent special purpose local option sales tax that was first approved by voters in Atlanta, Decatur and Fulton, DeKalb, Gwinnett, Cherokee, Douglas and Henry counties in 1997.
On Tuesday, Nov. 8, voters will be asked to continue that tax with SPLOST IV.
In DeKalb County, the renewal of ESPLOST would generate $475 million for dozens of capital projects, including new buildings, new roofs, air-conditioning systems, even smart boards in every classroom.
In Fulton County, ESPLOST IV would bring in $913 million over the next five years. Much of that money would be used for new technology, including computers and high-speed networks.
Atlanta Public Schools are looking for $513 million, part of which would build new schools in Buckhead and Midtown.
Decatur Schools could bring in as much as $18 million to renovate classrooms at Renfroe Middle School, add elementary classrooms and create a new Central Office Building.
Gwinnett County Schools would take in as much as $876 million with ESPLOST IV and use money to build five new schools, make additions to eight schools and renovate one school.
In Cherokee County, ESPLOST IV would generate $155 million within the five years to replace Teasley and Dean Rusk Middle Schools, provide technology upgrades, build a new softball field and field house at Cherokee High School and buy new school buses for the system.
Douglas County Schools expect to raise $122 million from ESPLOST IV, half of which would be used to pay a portion of the principal and interest due on outstanding bonds from 2005, 2007 and 2010.
In Henry County, SPLOST IV could generate as much as $225 million over five years for the construction of three new schools, renovation and repairs at 44 schools, the purchase of buses and new technology.