Cobb County updates SPLOST status: $48 million remains for 2016 projects; 2022 fund has earned $24 million in interest

On April 22, 2025, staff updated the Cobb County Board of Commissioners on the status of the county’s special purpose local option sales tax (SPLOST) programs, reporting $48 million remaining for voter‑approved 2016 projects and about $24 million in interest earned on the 2022 SPLOST fund.

The update matters because the county is finalizing long-running 2011 and 2016 projects while advancing hundreds of active 2022 projects that affect roads, parks, public safety and county technology. Staff also told the board how SPLOST funds have been used to attract additional grant dollars, increasing the effective funding available for county capital projects.

Bill Volkman, a county staff member who presented the SPLOST overview, said 2016 collections are closed and that the county has earned $13.6 million in interest on that fund versus $9.7 million budgeted; he said the county still holds roughly $74 million in cash as projects are finalized. Volkman reported $134 million in grant revenues associated with the 2016 program, with the Georgia Department of Transportation accounting for about $124 million of that total. He told the board $48 million remains unspent or unencumbered on approved 2016 projects and that the county has spent about $1.1 billion on 2016 SPLOST projects to date.

Volkman also reviewed the 2022 SPLOST, saying the program averages about $17.7 million in sales tax receipts per month over the life of the program and that strong interest…