Capital Plan 2022 & SPLOST
What is SPLOST
SPLOST - or Special Purpose Local Option Sales Tax - is a financing method for funding capital outlay projects in Georgia. In Fulton County, it is a 1% sales tax levied for the purpose of funding new or replacement schools, building ?additions, and renovations to existing facilities.
A large portion of the funds also is earmarked to address aging technology within schools and to support the district's personalized learning initiatives. SPLOST also is providing for the retirement of $60 million in outstanding general operating debt and other construction bonds.?
The one-penny sales tax is expected to raise $930 million for Fulton County school improvements over a five-year period (2017-2022).
2019 Summer Renovations
Summer 2019 was the biggest renovation program in Fulton County Schools history, with projects estimated to be around $90 million – an expenditure of about a million dollars a day. Thanks to SPLOST, 40 schools received interior and exterior facelifts as well as health and safety upgrades, security enhancements, and physical education improvements.
SPLOST In the News
- Plans for new Crabapple Middle School unveiled
- Plans moving forward for new Crabapple Middle School at a new location in Roswell
- Fulton closes on new property for Crabapple Middle School
- Fulton County district plans Fairburn STEM school
- New Fulton school buses come with seatbelts
- Fulton County Schools use alternative fueled buses to save money and help the environment
- Fulton Schools gears up for summer projects
- High tech surveillance camera system expanding across Fulton County School District
- Parents eager for more information on STEM campus
- Public meeting set for new STEM Campus Oct. 12