2023 SPLOST Referendum
2023 SPLOST Referendum
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2023 SPLOST Referendum FAQ
What is SPLOST?
Is the proposed SPLOST a new tax?
How long would it be in effect?
How much will the proposed SPLOST raise for County and its 16 cities?
The new program is expected to raise $1.35 billion over the next six years. Cities make up a quarter of Gwinnett’s land area and a quarter of our population, and they are expected to receive about a quarter of the SPLOST funds collected during the 2023 SPLOST program.
What would this SPLOST renewal fund?
Here is an estimated breakdown on how the County plans to use 2023 SPLOST funds:
- Transportation: $736.3 million for roads, streets, bridges, facilities, and equipment
- Public safety facilities/equipment: $133.9 million; $86.4 million will go toward a new police headquarters
- Recreational facilities/equipment: $108 million
- Courthouse facility renovation: $12.5 million
- Animal Welfare facility renovation: $5.2 million
- Senior Services facilities: $4.7 million
- Fleet Management facilities: $4.4 million
A committee made up of residents will review and prioritize transportation projects, the largest category in the proposed sales tax program.
How is SPLOST different than E-SPLOST?
What is general obligation debt?
General obligation debt is secured by the full faith and credit of the local government issuing the debt and is backed by its ad valorem taxing power. When issuance of general obligation debt is authorized by a SPLOST referendum, the county also pledges SPLOST proceeds to pay the interest and principal on the debt as it matures. The authorization to issue general obligation debt provides the County with the flexibility to move forward with high priority projects sooner.
How does SPLOST benefit residents?
Since 1985, SPLOST programs have raised more than $4 billion. SPLOST also allows the County to pay for major projects with a funding source other than property tax revenue. This can include new projects or improvements to existing assets. SPLOST helps the County keep up with the needs of our growing population — from our quality road system to our thriving senior service centers and from our supportive public safety facilities to our beautiful parks.
Watch the video below to see some of the many parks, road, and other improvements that have been funded by SPLOST over the years.