15 Reasons to Detest T-SPLOST
15 Reasons to Detest T-SPLOST and Punish its Promoters
Tuesday, June 12, 2012
By Al Gray
The Transportation Investment Act of 2010 (also referred to even in the legislation as the ‘Transportation Investment Act’) is being called T-Splost all over Georgia. The legislation establishes a new 1% sales tax supposedly dedicated to regional transportation.
Our region is the Central Savannah River Region, consisting of populous Richmond and Columbia counties, along with 11 rural counties. The tax covers a 10 year period. The funds are totaled for the region, then allocated based upon 75% a “constrained investment list of projects and 25% discretionary funds based upon an 80% non-state road miles per county and 20% based upon population. Funds are collected by the Georgia Department of Revenue, then transferred to the Georgia Finance and Investment Commission for distribution.Confusing? You bet. That is intentional.
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