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E-SPLOST renewal question on ballot
by Staff Reports
May 14, 2014 02:04 PM | 1272 views | 0 0 comments | 12 12 recommendations | email to a friend | print
A special election on Tuesday’s ballot will ask voters to choose “yes” or “no” if they want renew the current 1-percent special purpose local option sales tax for education.

The ballot question will read:

“Shall a 1 percent sales and use tax for educational purposes be imposed in the Paulding County School District for a period of time not to exceed 20 consecutive calendar quarters and for the raising of not more than $100 million for the purposes of (A) paying the principal and interest (during the period the 1 percent sales and use tax is to be imposed) on Paulding County School District’s outstanding general obligation bonds, series 2007 and 2008 in a maximum amount of $43,396,575 and (B) funding the following capital outlay projects in a maximum amount of $56,603,425: acquisition, construction and equipping of facilities and equipment throughout the school district, including renovations, additions and improvements to Shelton Elementary School and North Paulding High School, track and field improvements, HVAC upgrades, roof and gutter replacement, flooring improvements, safety and security upgrades, public address and intercom replacement, plumbing improvements, new technology and band equipment?

“If imposition of the tax is approved by the voters, such tax shall also constitute approval of the issuance of general obligation debt of the Paulding County School District in the principal amount of $20 million for the capital outlay purposes described in item (B) above and for the payment of capitalized interest.”

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