SPLOST VII revenues above projections, expenditures on track
Approximately $29.9 million has been collected in the first year of Hall County's Special Purpose Local Option Sales Tax (SPLOST) VII, which was approved by voters in March 2015. That's 4.27 percent (or $1.2 million) more than SPLOST VII was projected to bring in during its first year.
"The higher than expected SPLOST VII collections can be attributed to Hall County's improving economy and on the conservative projections made by County officials and the Georgia Tech economist used to calculate potential SPLOST revenue," said Hall County Commission Chairman Richard Mecum.
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