patching...
Update: Did you know that there is a Peachtree Corners Facebook page? Click HERE and check it out. »
Welcome back, Patch Blogger!

E Splost

Thursday, July 19, 2012

E-SPLOST Sales Tax Receipts Behind Projections

Gwinnett County Public School's June 2012 figures show receipts at 57 percent of projections.

The Gwinnett school board is not getting its projected amount of sales tax revenue so far in 2012, according to its records. For June of 2012, the system projected $21.4 million but the actual collection was $12.2 million, according to GCPS records. Collections have been behind projections in every month in 2012. These figures are from ESPLOST III, which ran from 2007-12, according to Jorge Quintana, spokesperson for the Gwinnett schools. In all ESPLOST III projected $1 billion in revenue, but only collected $647 million. Collections for the E-SPLOST IV one-cent sales tax that was approved by voters last November began in July 2012. -- Do you think the ESPLOST will provide necessary receipts for Gwinnett schools? Tell us in the comments …

PTC Concerns

11:56 am on Tuesday, August 14, 2012

Don't forget that GCPS issued bonds to pay for ESplost projects which means a lot of this money is spent on interest payments and not projects (as opposed to collecting the money and then spending it). Also note none of the projects benefit peachtree corners area schools which are overflowing with needy students. Maybe the voters that overwhelmingly approved this boondoggle will do a little more …   more ›

Thursday, January 26, 2012

GCPS To Issue Revenue Bonds Related to E-SPLOST

Special meeting will be Thursday at GCPS headquarters.

  The Gwinnett school board has called a special meeting for Thursday (6:15 p.m.) at its headquarters with issuing revenue bonds in mind. The bonds are related to last year's passing of the E-SPLOST by county voters. According to GCPS spokesperson Sloan Roach, the bond issues are in two categories: Voters overwhelming OKed a 1-cent sales tax in November that will run from July 2012 through June 2017. The SPLOST funds are expected to bring in an anticipated $876 million, according the GCPS. The projects tapped for SPLOST funds include five new schools, air conditioning for gyms and technology upgrades.

Friday, November 18, 2011

School Board Gives Thanks—For Five More Years of SPLOST

The Gwinnett Board of Education sees decision as a vote of confidence in their work.

  At a quick Gwinnett County Board of Education meeting Thursday night, a theme of thankfulness was present. While some mentioned the upcoming holiday, all gave thanks to Gwinnett County residents for passing the one-penny sales tax, or E-SPLOST, in the Nov. 8 election. “It’s very confirming, very heartening,” said District 2 Board Member Daniel D. Seckinger of the public’s confidence in the board to do right with their tax dollars and their support of education. District 3 Board Member Dr. Mary Kay Murphy also expressed gratitude. She pointed to the important roll the SPLOST funds have played in helping Gwinnett schools keep up with tremendous growth in the area in years past. “We hope this will help us get ahead of the growth,” she said…

Got a Hot Tip?