The report suggests that a brief statement such as «judicial facility» or «leisure facility to be built in the township city» is sufficient. In Dickey v. Storey, 262 Ga. 452 (1992), which also dealt with the district of SPLOST, the referendum question described «recreational facilities and multi-purpose government facilities». The Supreme Court of Georgia apparently approved this description. As you`ll quickly discover by browsing our sales tax fee schedule, not all local sales taxes are divided into taxes levied by counties and cities. In fact, one of the most commonly used vehicles to collect local sales taxes in the special district – an area created specifically for the administration of a local tax, often intended for a specific purpose such as building a stadium or supporting a government program. These particular districts don`t have to follow the usual city/county boundaries, and in fact, they rarely do. As mentioned earlier, the initial steps taken by the school board to introduce the SPLOST on education and the voting issue may describe the objectives of the tax in a somewhat general form. The question arises as to what room for manoeuvre the educational authority then has to actually apply the tax. Please note that the local option tax does not apply to the sale or rental of motor vehicles subject to the car purchase and use tax.

A transaction is subject to local option tax if it is subject to Vermont sales, meal, room or beverage tax. The tax on local options is «targeted». In other words, the tax is levied depending on where the buyer takes possession of the item or where it is delivered. The general obligations of the school district to be reimbursed by Education SPLOST can be approved in the Education SPLOST referendum by adding the voting language described above. If the school board wishes to approve such a debt, the tax collection decision must specify the principal amount of debt to be issued, the purpose for which the debt is to be spent, the maximum interest rates that the debt must bear, and the amount of principal to be paid each year during the term of the debt. These debentures may be issued as debentures or bonds in accordance with normal procedures (see our «Government Financing Overview»). Traditionally, local governments have relied on personal property taxes for the majority of their tax revenues. However, sales taxes on local options account for just over 11% of all municipal tax revenues nationally. In some states, especially in the South, local governments are more dependent on sales taxes and therefore levy higher tax rates on local options. The school board or boards may, by resolution, apply for the collection of the tax, subject to a referendum by the electors, and send a copy of the measure to the district returning officer.

The decision must specify the specific purposes for which the tax is used, the maximum period of calendar years or quarters (not more than five years) for which the tax is collected, the maximum cost of the projects and/or the maximum amount of debt to be repaid (which is also the maximum amount that can be levied by the tax), describe. and some details on general commitment debts that the school board may approve under the Education SPLOST. If a county-wide local options sales tax is levied by referendum, state law requires that half of the county tax be allocated on the same basis as the county property tax for schools (average daily attendance formula). The other half will be distributed to the jurisdictions where the collection took place. If it was collected in a city, it is distributed to that city. If it was collected outside the city, it is distributed to the county. However, an agreement between a county and a city may provide for a different distribution. One hundred percent of a pure municipal levy is income from the general fund subject to allocation by the governing body, but it would end at the end of the city`s current fiscal year if the county levies a levy of the same amount or more. T.C.A.

§ 67-6-703, T.C.A. § 67-6-712. The school board of a school district that includes an entire county may collect the 1% special sales and use tax for up to five years, subject to an extension. If there is an independent school district in the county, the school board of the county school district and the board of education of each independent school district in the county must enforce the board of education by competing resolutions. .