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County CFO reallocates excess SPLOST proceeds; commissioners approve updates for county and T‑SPLOST projects
Summary
Bullock County finance staff moved and the board approved updated estimated project costs and allocations after higher-than-expected SPLOST receipts; amendments cover county projects and T‑SPLOST transportation/airport allocations.
Bullock County commissioners unanimously approved resolutions to amend the estimated costs and allocation of projects in the county’s SPLOST and the county’s T‑SPLOST after Chief Financial Officer Christy King reported the county had collected more sales tax revenue and investment income than originally estimated.
King told the board the original 2019 SPLOST county projects were estimated at $19,646,800 but that total estimated receipts through the current SPLOST period are now expected to be about $41,036,000, with roughly $589,388 in investment income to allocate. She said the amendment distributes additional proceeds among previously voter‑approved projects, including public safety, recreation, solid waste, economic development, voting equipment, administrative facilities, judicial facilities and information technology. “So that’s all this is doing,” King said. “It is…allocating those funds to the projects that were already approved by the voters.”
On the county’s T‑SPLOST allocation, King said the T‑SPLOST period closed once the statutory cap was reached and that the amendment reallocates additional receipts and about $2.2 million of investment income. She said the transportation fund has two county projects and recommended allocating $1,062,963 to the airport project and $4,605,383 to the Rhodes transportation project.
Commissioners asked whether these expenditures will return to the board individually. King replied that all purchases and contracts follow the county purchasing policy and board approval will be required where the policy requires it. The board approved both resolutions unanimously.
