Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Glynn County says SPLOST collections are outpacing estimates; funding strategy aims to preserve referendum limits
Summary
County officials reported SPLOST‑22 revenue is higher than initial estimates — about $72 million collected over two years, averaging roughly $3 million per month — and described a strategy of using other revenue sources and federal grants to stay within referendum spending categories.
Glynn County officials told the Board of Commissioners that SPLOST‑22 collections over the first two years have exceeded the county’s earlier monthly estimates and that staff plan to prioritize projects consistent with the referendum while leveraging outside funding where possible.
The update matters because revenue assumptions determine which projects are funded from SPLOST money and which must rely on alternative sources; higher collections create options for additional infrastructure work if expenditures remain within referendum categories.
Commission staff said the original tiered scenario had estimated Tier 1 collections at $1.8 million per month and Tier 2 at $2.4 million per month; county staff reported they are averaging about $3.0 million per month and that total collections stand at roughly $72,000,000 after two years. Jason Hagen, program director for Glynn County, told commissioners the higher receipts provide “options for some of those other infrastructure needs” but emphasized that staff will “stick to what the referendum said as far as what we're spending on these projects from SPLOST money.”
County staff described tactics used to stretch local dollars: pairing SPLOST local shares with federal or state grants, using accommodation excise tax (AET) or capital fund balances for specific components such as sidewalks, and negotiating partnerships (for example with the airport authority and Live Oak Fiber) to reduce direct cash outlays. Tamara Munson, filling in for the CIO during IT presentations, said a Live Oak Fiber donation saved the county roughly what might otherwise have been a $600,000–$700,000 crossing of fiber to the island.
No policy change or vote was taken; commissioners directed staff to continue reporting project‑level budgets and funding sources in quarterly execution reviews and to preserve referendum spending categories for SPLOST funds. Staff said they will brief the board again at the strategic plan QER in August and return to SPLOST projects in six months.
