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Newton County approves update to SPLOST bond banking arrangements (Georgia Fund 1)

Newton County Board of Commissioners · January 29, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance Director Britney White told commissioners the Georgia Fund 1 resolution updates banking information for Regions Bank and enables drawdowns to fund pre‑collection SPLOST projects; the board approved the resolution after brief questions about mechanics and use of funds.

The board approved a resolution authorizing changes to the county’s SPLOST bond banking instructions for Georgia Fund 1, Finance Director Britney White said at the Jan. 20 meeting.

White explained that the 2023 SPLOST resolution authorized bonding a portion of proceeds so projects could…

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