What is SPLOST?
SPLOST stands for Special Purpose Local Option Sales Tax. SPLOST is a county-wide, voter-approved one-cent sales tax that local governments use to fund specific capital projects.
Who pays the SPLOST?
Everyone.
SPLOST is different from a property tax. Property taxes are paid only by people who own property in Fayette County. SPLOST, however, is paid by everyone who shops and dines in Fayette County, no matter where they live.
How much money is collected from SPLOST & how are those funds shared?
In March of 2023, SPLOST was approved. SPLOST will raise an estimated $210,000,000 over a six-year period beginning June 1, 2023.
Fayette County and the municipalities of Brooks, Fayetteville, Peachtree City, and Tyrone will share the SPLOST proceeds based on population. An intergovernmental agreement splits the estimated tax revenue as follows:
Location | Amount |
---|
Fayette County | $ 94,728,900 |
Peachtree City | $ 67,380,600 |
Fayetteville | $ 33,398,400 |
Tyrone | $ 13,492,500 |
Brooks | $ 999,600 |
Total | $ 210,000,000 |
How will SPLOST funds be spent?
Each jurisdiction has identified its own list of SPLOST-funded projects.
Peachtree City's list of capital improvements will enhance the quality of life in our community. This includes new multiuse path connections, multiuse path and road repaving, and new fire trucks just to name a few. For a complete list of Peachtree City SPLOST 2023 projects, click here.