Commissioner signs SPLOST resolution
by Shaka S. Lias
Dec 02, 2010 | 1733 views | 0 0 comments | 9 9 recommendations | email to a friend | print
Bartow County Commissioner Clarence Brown approved a resolution that authorizes the school board to levy an ad valorem tax to repay tax bonds in the event Special Purpose Local Option Sales Tax is not sufficient.

Commissioner Brown held a special called meeting Wednesday morning in his chambers; the resolution was the only item discussed.

There are two amounts in connection with the levy of an ad valorem tax. One for $46,960,000 and another for $23,000,000.

Bartow County Attorney Boyd Pettit said this is the same procedure followed for every SPLOST issue.

Pettit said he doesn't anticipate a problem with the bonds.

"The sales tax has always been sufficient to repay the bonds," Pettit said.

During last month's meeting the commissioner approved the general obligation bonds to help fund construction of new schools. The resolution acted as a contingency plan for payment of the bonds as is mandatory following a referendum supporting a SPLOST continuation in the July primary.

The effect of the resolution is immediate, according to Pettit. He also said that the resolution will be under the school, not the county.